August 27 (SeeNews) - Montenegro sold 30 million euro ($33.3 million) worth of 182-day Treasury bills in an auction held on August 27, the central bank said.
The annual yield on the issue rose to 0.49% from 0.40% achieved at the last auction of 182-day Treasury bills held on August 19, the central bank said in a statement on Monday.
The government securities will mature on February 26, 2020.
Details of the last two auctions of Montenegrin 182-day T-bills follow:
|
Aug 27 |
Aug 19 |
Total nominal amount offered (mln euro) |
30.0 |
24.0 |
Amount of accepted bids (mln euro) |
30.0 |
24.0 |
Total bids placed (mln euro) |
35.0 |
48.0 |
Bid-to-cover ratio |
1.17 |
2.0 |
Yield |
0.40% |
0.49% |
($ = 0.900557 euro)