November 16 (SeeNews) - Kosovo's finance ministry sold 20 million euro ($20.8 million) worth of five-year Treasury notes at an auction held on November 15, it said on Wednesday.
The average weighted yield on the government securities was 3.35%, higher than 3.30% achieved at the previous auction of five-year T-notes held in September, the finance ministry said in a data release.
The government securities will mature on November 16, 2027.
Details follow:
Auction date |
Nov 15 |
Sept 29 |
Amount offered (mln euro) |
20 |
10 |
Amount sold (mln euro) |
20 |
10 |
Total bids placed (mln euro) |
33.3 |
24.2 |
Bid-to-cover ratio |
1.67 |
2.42 |
Maximum accepted rate |
3.55% |
3.36% |
Minimum accepted rate |
3.20% |
3.16% |
Average weighted yield |
3.35% |
3.30% |
Coupon rate |
3.30% |
3.20% |
($ = 0.9622 euro)