PRISTINA (Kosovo), October 26 (SeeNews) – Kosovo's finance ministry said it sold 25 million euro ($29.5 million) worth of three-year Treasury notes at an auction held on October 23, in line with plan.
The average weighted yield on the government securities decreased to 1.57% from 1.65% at the last auction of three-year T-notes held in August, according to figures published by the finance ministry.
Details follow:
Auction date |
October 23 |
August 28 |
Amount offered (mln euro) |
25 |
25 |
Amount sold (mln euro) |
25 |
25 |
Total bids placed (mln euro) |
35.7 |
35.4 |
Bid-to-cover ratio |
1.43 |
1.42 |
Maximum accepted yield |
1.65% |
1.9% |
Minimum accepted yield |
1.35% |
1.2% |
Average weighted yield |
1.57% |
1.65% |
Coupon |
1.5% |
1.6% |
Source: Kosovo Finance Ministry
($ = 0.8460 euro)