January 4 (SeeNews) - Montenegro will offer 18 million euro ($20.5 million) of 182-day Treasury bills at an auction on January 11, according to an announcement posted on the central bank's website.
The government securities will mature on July 15, 2019.
Interested investors will be able to place their bids by 12:00 CET on January 11.
In the latest auction of 182-day T-bills held on August 28, the finance ministry sold government securities with a nominal value of 35 million euro at an average weighted yield of 0.60%.
Montenegro sold 213.6 million euro worth of T-bills in 2018, up 2.6% year-on-year.
($ = 0.876282 euro)