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Montenegro to auction 24 mln euro of 182-day T-bills on Feb 17

Author Radomir Ralev
Montenegro to auction 24 mln euro of 182-day T-bills on Feb 17 Gena96/Shutterstock.com

PODGORICA (Montenegro), February 14 (SeeNews) - Montenegro will offer 24 million euro ($26 million) of 182-day Treasury bills at an auction on February 17, according to an announcement posted on the central bank's website.

The government securities will mature on August 18, 2020. 

In the latest auction of 182-day T-bills held on January 13, the finance ministry sold government securities with a nominal value of 18 million euro at an average weighted yield of 0.57%.

Montenegro sold 144 million euro worth of T-bills in 2019, down 32.6% year-on-year. 

($ = 0.921783 euro)

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