PRISTINA (Kosovo), May 29 (SeeNews) – Kosovo's finance ministry has raised 20 million euro ($23.3 million) from the sale of a new issue of five-year Treasury notes, in line with plan, the country's central bank said on Tuesday.
The average weighted yield on the government securities rose to 2.08% at the auction held on Monday, from 1.53% at the previous auction of five-year T-notes held in February, according to figures posted on the website of Kosovo's central bank.
Details follow:
Auction date |
May 28 |
Feb 26 |
Amount offered (mln euro) |
20 |
25 |
Amount sold (mln euro) |
20 |
23.4 |
Total bids placed (mln euro) |
20.45 |
24.9 |
Bid-to-cover ratio |
1.02 |
1.06 |
Maximum accepted yield |
2.99% |
1.79% |
Minimum accepted yield |
1.64% |
1.04% |
Average weighted yield |
2.08% |
1.53% |
Coupon |
2.00% |
1.50% |
Source: Central Bank of Kosovo
($ = 0.85760)