August 31 (SeeNews) - Kosovo's finance ministry sold 25 million euro ($27 million) worth of three-year Treasury notes at an auction held on August 30, it said on Thursday.
The average weighted yield on the government securities came in at 3.27%, higher than 2.6% achieved at the previous auction of three-year T-notes held in October 2022, the finance ministry said in a data release.
The government securities will mature on August 31, 2026.
Details follow:
| Auction date |
Aug 30, 2023 |
Oct 13, 2022 |
| Amount offered (mln euro) |
25 |
20 |
| Amount sold (mln euro) |
25 |
20 |
| Total bids placed (mln euro) |
30.5 |
32.4 |
| Bid-to-cover ratio |
1.22 |
1.62 |
| Maximum accepted rate |
3.65% |
2.89% |
| Minimum accepted rate |
2.50% |
0.00% |
| Average weighted yield |
3.27% |
2.60% |
| Coupon rate |
3.20% |
2.60% |
($ = 0.920912 euro)