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Montenegro to auction 22.6 mln euro 182-day T-bills on August 21

Aug 18, 2017, 11:04:48 AMArticle by Radomir Ralev
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August 18 (SeeNews) - Montenegro will offer 22.59 million euro ($26.5 million) of 182-day Treasury bills at an auction on August 21, according to an announcement posted on the central bank's website.

Montenegro to auction 22.6 mln euro 182-day T-bills on August 21
Author: AleGranholm Licence: Creative Commons, Attribution.

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)

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