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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 Gena96/Shutterstock.com

PRISTINA (Kosovo), June 12 (SeeNews) – Kosovo's finance ministry said it sold 30 million euro ($34 million) worth of one-year Treasury bills at an auction held on June 11.

The average weighted yield on the issue fell to 0.47% from 0.61% at the previous auction of one-year government securities held in March, the ministry said in a notice.

Details follow:

Auction date June 11 March 12
Amount offered (mln euro) 30 30
Amount sold (mln euro) 30 30
Total bids placed (mln euro) 44.52 50.83
Bid-to-cover ratio 1.49 1.69
Maximum accepted yield 0.6% 0.73%
Minimum accepted yield 0.4% 0.39%
Average weighted yield 0.47% 0.61%

($ = 0.88333 euro)

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