September 20 (SeeNews) - Croatia's finance ministry said it sold in an auction held on Tuesday 51 million kuna ($7.8 million/6.8 million euro) worth of six-month Treasury bills, below its 100 million kuna target, and 581 million kuna worth of one-year Treasury bills, above its 500 million kuna target.
The yield on the six-month issue was 0.10%, up from 0.05% at the last auction of six-month T-bills held on May 17, the finance ministry said in a statement.
The yield on the one-year issue was 0.20%, unchanged compared to the last auction of one-year kuna-denominated Treasury bills held on August 16.
Details follow in millions of kuna, unless stated otherwise:
|
Sept 20
6-month
|
May 17
6-month
|
Sept 20
1-year
|
August 16
1-year
|
Amount offered |
100 |
300 |
500 |
1,000 |
Amount sold
|
51 |
300 |
581 |
1,100 |
Total bids placed
|
76 |
400 |
591 |
1,100 |
Average accepted price
|
99.952
|
99.975 |
99.801 |
99.801 |
Yield |
0.10% |
0.05% |
0.20% |
0.20% |
Sept 20
6-month
May 17
6-month
Sept 20
1-year
August 16
1-year
Amount sold
Total bids placed
Average accepted price
99.952
(1 euro = 7.451 kuna)