December 1 (SeeNews) - Montenegro sold 15.5 million euro ($16.1 million) worth of 182-day Treasury bills at an auction held on November 30, the central bank said.
The average annual yield on the issue rose to 3.67% from 3.18% achieved at the previous auction of 182-day Treasury bills held earlier in November, the central bank said in a statement on Wednesday.
The government securities will mature on June 31, 2023.
Details of the last two auctions of Montenegrin 182-day Treasury bills follow:
|
Nov 30 2022 |
Nov 22 2022 |
Total nominal amount offered (mln euro) |
20 |
30 |
Amount of accepted bids (mln euro) |
15.5 |
20.5 |
Total bids placed (mln euro) |
27.5 |
43.5 |
Bid-to-cover ratio |
1.83 |
2.12 |
Yield |
3.67% |
3.18% |
($ = 0.9603 euro)