The government securities will mature on February 20, 2018.
Interested investors will be able to place their bids by 12:00 CET on August 21, the central bank said.
Montenegro's finance ministry carried out its latest auction of 182-day T-bills on July 12, when it sold government securities with a nominal value of 24.45 million euro. The average weighted yield came in at 1.71%.
Montenegro sold 184.5 million euro worth of T-bills in 2016, up 5.3% on the year.
($ = 0.852804 euro)