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Kosovo sells 30 mln euro of 1-yr T-bills, yield falls – table

Kosovo sells 30 mln euro of 1-yr T-bills, yield falls – table Bragin Alexey/Shutterstock.com

PRISTINA (Kosovo), March 13 (SeeNews) – Kosovo's finance ministry sold 30 million euro ($33.8 million) worth of one-year Treasury bills at an auction held on March 12, the country's central bank said.

The average weighted yield fell to 0.61% from 0.73% at the last auction of one-year government securities held in December.

Details follow:

Auction date March 12 Dec 4
Amount offered (mln euro) 30 15
Amount sold (mln euro) 30 15
Total bids placed (mln euro) 49.93 45
Bid-to-cover ratio 1.66 3.0
Maximum accepted yield 0.73% 0.85%
Minimum accepted yield 0.39% 0.55%
Average weighted yield 0.61% 0.73%

($ = 0.88694 euro)

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