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Montenegro sells 3.0 mln euro in 182-day T-bills

Oct 23, 2012, 5:05:58 PMArticle by Valentina Dimitrievska
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October 23 (SeeNews) - Montenegro's finance ministry sold its entire offer of 3.0 million euro ($3.9 million) in 182-day Treasury bills and the issue was oversubscribed, the central bank said on Tuesday.

Montenegro sells 3.0 mln euro in 182-day T-bills

The average annual yield on the issue fell to 4.09% from 4.47% in the previous auction held on October 17, the central bank said.

The received bids totalled 10.65 million euro.

($ = 0.7689 euro)

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