March 18 (SeeNews) - Kosovo's finance ministry sold 19.4 million euro ($21 million) worth of one-year Treasury bills at an auction held on March 13, below plan, the central bank said on Monday.
The average weighted yield on the government securities rose to 3.73%, compared with 0.61% at the last auction of one-year T-bills held in September 2021, according to figures published by the central bank.
The government securities will mature on September 13, 2022.
Details follow:
Auction date |
March 13, 2023 |
Sept 13, 2021 |
Amount offered (mln euro) |
20 |
20 |
Amount sold (mln euro) |
19.4 |
13 |
Total bids placed (mln euro) |
20.8 |
17.05 |
Bid-to-cover ratio |
1.1 |
1.3 |
Average weighted yield |
3.73% |
0.61% |
($ = 0.917 euro)