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)