May 15 (SeeNews) - Montenegro's finance ministry plans to issue five-year Treasury notes worth 115 million euro ($129 million) on May 27 and 28, it said.
The T-notes will yield 3% and will be available to all individual and corporate investors, both domestic and foreign, the finance ministry said in an e-mailed statement on Tuesday.
The government securities can be purchased through authorised brokers or through the custody department of commercial banks, and payments can be made both in the country and abroad.
The government sold 74.75 million euro worth of five-year and seven-year Treasury notes on the local stock exchange on April 22 and 23.
Last year, the finance ministry sold 213.6 million euro worth of government securities, up 2.6% on 2017.
($ = 0.891682 euro)