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Moldova sells 145.9 mln lei (9.2 mln euro) in three T-bills issues

Dec 11, 2012, 5:07:04 PMArticle by Alexander Oleinic
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December 11 (SeeNews) - Moldova on Tuesday sold 145.9 million lei ($11.9 million/9.2 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 (9.2 mln euro) in three T-bills issues

Primary dealers placed bids for a total of 210.73 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 stayed flat at 4.62% from the previous auction held on December 4. Dealers placed bids worth 79.12 million lei against 43 million lei on offer.

Yields on the 182-day T-bills inched up to 4.88% from 4.86% in the previous auction last Tuesday. The central bank received bids for 72.31 million lei worth of government paper, compared to 60 million lei on offer.

Yields on the 364-day T-bills fell to 5.81% from 5.83% in the previous auction held last week. Dealers placed bids for 59.3 million lei worth of 364-day T-bills against 33 million lei on offer.

(1 euro = 15.9115 Moldovan lei)

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