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Kosovo sells 25 mln euro of 1-yr T-bills, yield rises – table

Kosovo sells 25 mln euro of 1-yr T-bills, yield rises – table License: Creative Commons CC0

PRISTINA (Kosovo), December 7 (SeeNews) - Kosovo's finance ministry has sold 25 million euro ($29.5 million) of one-year Treasury bills at an auction on December 5, on target, the country's central bank said on Thursday.

The average weighted yield increased to 0.34% from 0.32% at the previous auction of one-year T-bills held in August 15.

Details follow:

Auction date Dec 5 Aug 15
Amount offered (mln euro) 25 30
Amount sold (mln euro) 25 30
Total bids placed (mln euro) 40.3 34.2
Bid-to-cover ratio 1.61 1.138
Maximum accepted yield 0.8% 0.45%
Minimum accepted yield 0.28% 0.28%
Average weighted yield 0.34% 0.32%

($ = 0.84644 euro)

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