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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.
|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|
(1 euro = 7.42568 kuna)