January 14 (SeeNews) - Montenegro sold 14.9 million euro ($16.6 million) worth of 182-day Treasury bills in an auction held on January 13, the central bank said.
The annual yield on the issue grew to 0.57% from 0.49% achieved at the last auction of 182-day Treasury bills held on August 27, the central bank said in a statement on Monday.
The government securities will mature on July 14, 2020.
Details of the last two auctions of Montenegrin 182-day T-bills follow:
|
Jan 13 |
Aug 27 |
Total nominal amount offered (mln euro) |
18.0 |
30.0 |
Amount of accepted bids (mln euro) |
14.9 |
30.0 |
Total bids placed (mln euro) |
16.9 |
35.0 |
Bid-to-cover ratio |
1.13 |
1.17 |
Yield |
0.57% |
0.49% |
($ = 0.897686 euro)