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Kosovo sells 24.55 mln euro of 3-yr T-notes – table

Kosovo sells 24.55 mln euro of 3-yr T-notes – table Photo: www.fmf.gov.ba

PRISTINA (Kosovo), 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)

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