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Moldova sells 145.9 mln lei (9.0 mln euro) in three T-bills issues

Dec 4, 2012, 4:15:08 PMArticle by Alexander Oleinic
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December 4 (SeeNews) - Moldova on Tuesday sold 145.9 million lei ($11.8 million/9.0 million euro) in three Treasury bill issues, above its initial offer of 136 million lei, as yields were mixed, the central bank said.

Moldova sells 145.9 mln lei (9.0 mln euro) in three T-bills issues

Primary dealers placed bids for a total of 247.7 million lei of 91-day, 182-day and 364-day T-bills, the central bank, which auctions government securities on behalf of the finance ministry, said in a statement on its website.

Yields on the 91-day T-bills fell to 4.62%, from 4.66% at the previous auction held last Tuesday. Dealers placed bids worth 100.7 million lei against 43 million lei on offer.

Yields on the 182-day T-bills rose to 4.86% from 4.84% in the previous auction held last week. The central bank received bids for 86.9 million lei worth of government paper, compared to 60 million lei on offer.

Yields on the 364-day T-bills climbed to 5.83% from 5.81% in the previous auction on November 27. Dealers placed bids for 60.1 million lei worth of 364-day T-bills against 33 million lei on offer.

(1 euro = 16.138 Moldovan lei)

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