May 17 (SeeNews) - Kosovo's finance ministry sold 24.55 million euro ($25.7 million) worth of three-year Treasury notes at an auction held on May 16, below target, it said.
The average weighted yield on the government securities rose to 2.00%, compared with 1.67% at the last auction of three-year T-notes held in February, according to figures published by the finance ministry.
The government securities will mature on May 17, 2025.
Details follow:
Auction date |
May 16 |
February 4 |
Amount offered (mln euro) |
30 |
25 |
Amount sold (mln euro) |
24.55 |
25 |
Total bids placed (mln euro) |
24.55 |
36.14 |
Bid-to-cover ratio |
1.00 |
1.45 |
Maximum accepted rate |
2.43% |
1.74% |
Minimum accepted rate |
1.67% |
1.40% |
Average weighted yield |
2.01% |
1.67% |
Coupon rate |
2.00% |
1.60% |
($ = 0.9550 euro)