PRISTINA (Kosovo), July 9 (SeeNews) – Kosovo's finance ministry said on Tuesday it sold 20 million euro ($22.4 million) worth of three-year Treasury notes, in line with plan.
The average weighted yield on the government securities fell to 1.4%, from 1.56% at the last auction of three-year Treasury notes held in May, according to figures published by the finance ministry.
Details follow:
Auction date |
July 9 |
May 16 |
Amount offered (mln euro) |
20 |
30 |
Amount sold (mln euro) |
20 |
30 |
Total bids placed (mln euro) |
32.9 |
59.02 |
Bid-to-cover ratio |
1.65 |
1.97 |
Maximum accepted yield |
1.46% |
1.7% |
Minimum accepted yield |
1.32% |
1.35% |
Average weighted yield |
1.4% |
1.56% |
Coupon |
1.30% |
1.50% |
Source: Finance Ministry
($=0.89118 euro)