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Kosovo sells 20 mln euro of 3-yr T-notes

May 27, 2024, 5:02:55 PMArticle by Genta Hodo
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May 27 (SeeNews) - Kosovo's finance ministry sold 20 million euro ($21.7 million) worth of three-year Treasury notes at an auction held on May 24, the country’s central bank said on Monday.

Kosovo sells 20 mln euro of 3-yr T-notes

The average weighted yield came in at 4%, higher 3.94% achieved at the previous auction of three-year T-notes held on April 12, the central bank said in a data release.

The government securities will mature on May 27, 2027.

Details follow:

Auction date May 24 April 12
Amount offered (mln euro) 20 20
Amount sold (mln euro) 20 17
Total bids placed (mln euro) 30.3 23.6
Bid-to-cover ratio 1.52 1.39
Average weighted yield 4.00% 3.94%
Coupon rate 4.00% 3.90%

($ = 0.921 euro)

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