LJUBLJANA (Slovenia), July 16 (SeeNews) – Slovenia's finance ministry said it sold a combined 80 million euro ($91 million) worth of three-month and six-month Treasury bills, and 18-month Treasury bills worth 93.56 million euro.
The ministry sold three-month Treasury bills worth 30 million euro, above the 15 million euro target but below the 45 million euro demand, it said in a statement earlier this week.
The issue yielded a negative 0.37%, compared with a negative yield of 0.35% at the previous auction of three-month government securities held in June. The newly sold securities will mature on October 15.
The finance ministry also auctioned 50 million euro worth of six-month Treasury bills, lower than the 60 million euro target and below the 65 million euro demand. The issue, which matures on January 14,2021, yielded a negative 0.32%, compared with a negative yield of 0.30% achieved at the previous auction in June.
In addition, 18-month securities worth 93.56 million euro were sold, just below the 100 million euro target and considerably lower than the 327.56 million euro demand. They yielded a negative 0.30%, compared with a negative yield of 0.16% in the June auction.
The newly issued papers are part of a bigger issue, first offered to investors on April 14, 2020. They will mature on October 14, 2021.
In June, Slovenia sold 15 million euro worth of three-month securities, below the 50 million euro target and the 20 million euro demand; 21 million euro worth of six-month debt, lower than the 60 million euro target and below the 41 million euro demand; and 172 million euro of 18-month securities, above the 150 million euro target but below the 287.5 million euro demand.
Details about the July 14 auctions follow (in millions of euro):
|
3-mo |
6-mo |
18-mo |
Amount sold (mln euro) |
30 |
50 |
93.56 |
Total bids placed (mln euro) |
45 |
65 |
327.56 |
Uniform price of accepted offers |
100.094% |
100.162% |
100.381% |
Yield |
-0.37% |
-0.32 |
-0.30% |
($=0.8762 euro)