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)