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Montenegro sells 15.5 mln euro of 182-day T-bills - table

Dec 1, 2022, 10:52:24 AMArticle by Djordje Jajcanin
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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.

Montenegro sells 15.5 mln euro of 182-day T-bills - table
Bragin Alexey/Shutterstock.com

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)

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