December 8 (SeeNews) - Montenegro will offer 3 million euro ($3.5 million) of 182-day Treasury bills at an auction on December 12, according to an announcement posted on the central bank's website.
The government securities will mature on June 13, 2018.
Interested investors will be able to place their bids by 12:00 CET on December 12, the central bank said.
In the last auction of 182-day T-bills held on August 30, the finance ministry sold government securities with a nominal value of 32.5 million euro at an average weighted yield of 1.32%.
Montenegro sold 184.5 million euro worth of T-bills in 2016, up 5.3% on the year.
($ = 0.852124 euro)