PRISTINA (Kosovo), April 16 (SeeNews) – Kosovo's finance ministry said it sold 26.85 million euro ($29.2 million) worth of three-year government bonds at an auction on April 14, less than planned.
The average weighted yield on the government securities increased to 1.05% from 0.88% at the last auction of three-year government bonds held in March, according to figures published by the finance ministry on Tuesday.
Details follow:
| Auction date |
April 14 |
March 10 |
| Amount offered (mln euro) |
30 |
30 |
| Amount sold (mln euro) |
26.85 |
30 |
| Total bids placed (mln euro) |
26.85 |
66.2 |
| Bid-to-cover ratio |
0.89 |
2.2 |
| Maximum accepted yield |
2.51% |
0.94% |
| Minimum accepted yield |
0.63% |
0.8% |
| Average weighted yield |
1.05% |
0.88% |
| Coupon |
1% |
0.8% |
Source: Kosovo Finance Ministry
($ = 0.9195 euro)