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Croatia sells 1.6 bln kuna (156 mln euro) of one-year T-bills, above target - table

Croatia sells 1.6 bln kuna (156 mln euro) of one-year T-bills, above target - table Author: Radomir Ralev

ZAGREB (Croatia), April 23 (SeeNews) - Croatia's finance ministry sold 1.6 billion kuna ($175.5 million/156 million euro) worth of one-year Treasury bills at an auction on Tuesday, way above its 600 million kuna target, it said.

The yield on the issue was 0.08%, slightly below the 0.09% yield achieved at the last auction of one-year T-bills held on March 26, the finance ministry said in a statement.

The issue auctioned on Tuesday will mature on April 23, 2020. 

Details follow:

Auction date April 23 March 26
Amount offered 600 mln 400 mln
Amount sold (kuna) 1.6 bln 800 mln
Total bids placed (kuna) 1.4 bln 1.2 bln
Average accepted price 99.925  99.915
Yield 0.08% 0.09%

(1 euro = 7.42568 kuna)

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