July 17 (SeeNews) - Montenegro sold 18 million euro ($20.2 million) worth of 182-day Treasury bills in an auction held on July 16, the central bank said.
The annual yield on the issue fell to 0.54% from 0.68% achieved at the previous auction of 182-day Treasury bills held on February 26, the central bank said in a statement on Tuesday.
The government securities will mature on January 14, 2020.
Details of the last two auctions of Montenegrin 182-day T-bills follow:
|
July 17 |
Feb 27 |
Total nominal amount offered (mln euro) |
18.0 |
35.0 |
Amount of accepted bids (mln euro) |
18.0 |
30.0 |
Total bids placed (mln euro) |
44.5 |
31.65 |
Bid-to-cover ratio |
2.472 |
1.055 |
Yield |
0.54% |
0.68% |
($ = 0.891807 euro)