December 6 (SeeNews) - Montenegro sold 3 million euro ($3.2 million) worth of 182-day Treasury bills at an auction held on December 6, the central bank said.
The average annual yield on the issue rose to 3.97% from 3.67% achieved at the previous auction of 182-day Treasury bills held in November, the central bank said in a statement on Tuesday.
The government securities will mature on June 7, 2023.
Details of the last two auctions of Montenegrin 182-day Treasury bills follow:
|
Dec 6 |
Nov 30 |
Total nominal amount offered (mln euro) |
20 |
20 |
Amount of accepted bids (mln euro) |
3 |
15.5 |
Total bids placed (mln euro) |
18 |
27.5 |
Bid-to-cover ratio |
6% |
1.83 |
Yield |
3.97% |
3.67% |
($ = 0.9513 euro)