PRISTINA (Kosovo), May 26 (SeeNews) – Kosovo's finance ministry said that it has sold 23.3 million euro ($25.5 million) worth of five-year government bonds at an auction on May 22, less than planned.
The average weighted yield on the government securities increased to 2.52% from 1.58% at the last auction of five-year bonds held on February 20, according to figures published by the finance ministry.
Details follow:
Auction date |
May 22 |
February 20 |
Amount offered (mln euro) |
25 |
25 |
Amount sold (mln euro) |
23.3 |
25 |
Total bids placed (mln euro) |
26.9 |
54.6 |
Bid-to-cover ratio |
1.15 |
2.18 |
Maximum accepted yield |
3.0% |
1.69% |
Minimum accepted yield |
2.10% |
1.28% |
Average weighted yield |
2.52% |
1.58% |
Coupon rate |
2.50% |
1.50% |
Source: Finance Ministry
($ = 0.9152 euro)