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Oct 16, 2007 17:24 EEST
October 16 (SeeNews) - The Moldovan central bank (BNM) said on Tuesday it sold 52 million lei ($4.5 million/3.2 million euro) in three Treasury bill issues as yields on all three issues rose.
Primary dealers placed bids for 99.2 million lei worth of government securities, the BNM, which sells the T-bills on behalf of the Finance Ministry, said in a statement.
Yields on the 91-day T-bills rose to 16.71% from 16.37% at the previous auction held a week earlier. Dealers wanted to buy 45.4 million lei worth of T-bills versus 26 million lei on offer.
The 182-day T-bills yielded 17.36%, up from 17.18% at the last auction on October 9. The BNM received bids for 20.9 million lei, more than the 12 million lei on offer.
The yield on the 364-day T-bills rose to 17.16% from 17.02% on October 9 as dealers placed bids for 32.9 million lei worth of T-bills against 14 million lei on offer.
(1 euro=16.2194 Moldovan lei)
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