PODGORICA (Montenegro), February 18 (SeeNews) - Montenegro sold 5.0 million euro ($5.4 million) worth of 182-day Treasury bills in an auction held on February 17, significantly below the 24 million euro target, the central bank said.
The annual yield on the issue grew to 0.84% from 0.57% achieved at the last auction of 182-day Treasury bills held on January 13, the central bank said in a statement on Monday.
The government securities will mature on August 18, 2020.
Details of the last two auctions of Montenegrin 182-day T-bills follow:
|Total nominal amount offered (mln euro)
|Amount of accepted bids (mln euro)
|Total bids placed (mln euro)