August 20 (SeeNews) - Croatia's finance ministry sold close to 1.2 billion kuna ($178.3 million/160.8 million euro) worth of six-month and one-year Treasury bills at an auction on Tuesday, above its 900 million kuna target, it said.
The yield on the six-month issue fell to 0.05%, from 0.06% at the last auction of six-month T-bills held in February, while one-year T-bills yielded 0.08%, unchanged in comparison with the last auction held in June, the finance ministry said in a statement.
The six-month T-bills auctioned on Tuesday will mature on February 20, 2020, while the one-year issue will mature on August 20, 2020.
Details follow in millions of kuna (unless stated otherwise):
Auction date |
August 20 (6-mo) |
February 19 (6-mo) |
August 20 (1-yr) |
June 26 (1-yr) |
Amount offered |
100 |
200 |
800 |
700 |
Amount sold (kuna) |
20 |
200 |
1.168 bln |
965 |
Total bids placed (kuna) |
20 |
200 |
1.168 bln |
965 |
Average accepted price |
99.973 |
99.970 |
99.925 |
99.925 |
Yield |
0.05% |
0.06% |
0.08% |
0.08% |
(1 euro = 7.38706 kuna)