October 19 (SeeNews) - Kosovo had sold 30 million euro ($32.96 million) worth of six-month Treasury bills, in line with target, the central bank bank said on Wednesday.
The average weighted yield on the government securities dropped further to 0.18% at the auction on Tuesday, after declining to 0.32% from 1.35% at the previous auction of six-month T-bills held on April 19, data showed.
Demand exceeded supply moderately.
Details follow:
Auction date |
Oct 18 |
April 19 |
Amount offered (mln euro) |
30 |
30 |
Amount sold (mln euro) |
30 |
30 |
Total bids placed (mln euro) |
42.23 |
57.05 |
Bid-to-cover ratio |
1.41 |
1.90 |
Maximum accepted yield |
0.24% |
0.44% |
Minimum accepted yield |
0.14% |
0.15% |
Average weighted yield |
0.18% |
0.32% |
($=0.9102 euro)