April 12 (SeeNews) - Kosovo's finance ministry sold 17 million euro ($18.1 million) worth of three-year Treasury notes at an auction held on April 11, the country’s central bank said.
The average weighted yield came in at 3.94%, slightly lower than the yield of 4.0% achieved at the previous auction of three-year T-notes held on February 2, the central bank said in a data release on Thursday.
The government securities will mature on April 12, 2027.
Details follow:
Auction date |
April 12 |
Feb 2 |
Amount offered (mln euro) |
20 |
20 |
Amount sold (mln euro) |
17 |
18.6 |
Total bids placed (mln euro) |
23.6 |
18.6 |
Bid-to-cover ratio |
1.39 |
1 |
Average weighted yield |
3.94% |
4.00% |
Coupon rate |
3.90% |
3.90% |
($ = 0.936 euro)