PRISTINA (Kosovo), August 14 (SeeNews) – Kosovo's finance ministry said it sold 20 million euro ($22.4 million) worth of two-year Treasury notes at an auction held on August 13, in line with target.
The average weighted yield on the government securities fell to 1.08%, from 1.22% at the previous auction of two-year T-notes held in June, according to figures posted on the website of Kosovo's finance ministry on Tuesday.
Details follow:
Auction date |
Aug 13 |
June 28 |
Amount offered (mln euro) |
20 |
25 |
Amount sold (mln euro) |
20 |
25 |
Total bids placed (mln euro) |
42.8 |
34.1 |
Bid-to-cover ratio |
2.1 |
1.4 |
Maximum accepted yield |
1.14% |
1.49% |
Minimum accepted yield |
1.00% |
1.00% |
Average weighted yield |
1.08% |
1.22% |
($=0.89350 euro)