Moldova sells 145.9 mln lei (9.1 mln euro) in T-bills, yields down

Primary dealers placed bids for a total of 265 million lei in 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 posted on its website on Tuesday.

Yields on the 91-day government securities fell to 4.49% from 4.54% in the previous auction held on October 9. Dealers placed bids worth 78.4 million lei against 43 million lei on offer on Tuesday.

Yields on the 182-day T-bills eased to 4.73% from 4.78% in the previous auction held last Tuesday. The central bank received bids for 111.9 million lei worth of government paper, compared to 60 million lei on offer.

Yields on the 364-day T-bills declined to 5.93% from 6.03% in the previous auction on October 9 as dealers placed bids for 74.7 million lei worth of T-bills against 33 million lei on offer.

(1 euro = 15.9505 Moldovan lei)