August 17 (SeeNews) - Montenegro will offer 25.1 million euro ($25.2 million) of 182-day Treasury bills at an auction on August 20, according to an announcement posted on the central bank's website.
The government securities will mature on February 19, 2019.
Interested investors will be able to place their bids by 12:00 CET on August 20.
In the latest auction of 182-day T-bills held on July 16, the finance ministry sold government securities with a nominal value of 18 million euro at an average weighted yield of 0.34%.
Montenegro sold 208.1 million euro worth of T-bills in 2017, up 12.8% year-on-year.
($ = 0.854072 euro)