November 23 (SeeNews) - Montenegro sold 20.5 million euro ($21.1 million) worth of 182-day Treasury bills at an auction held on November 22, the central bank said.
The average annual yield on the issue rose to 3.18% from 0.9% achieved at the previous auction of 182-day Treasury bills held in October 2020, the central bank said in a statement on Tuesday.
The government securities will mature on May 24, 2022.
Details of the last two auctions of Montenegrin 182-day Treasury bills follow:
|
Nov 22 2022 |
Oct 28 2020 |
Total nominal amount offered (mln euro) |
30 |
15 |
Amount of accepted bids (mln euro) |
20.5 |
15 |
Total bids placed (mln euro) |
43.5 |
15 |
Bid-to-cover ratio |
2.12 |
1.0 |
Yield |
3.18% |
0.9% |
($ = 0.9732 euro)