July 11 (SeeNews) - Kosovo's finance ministry sold 20 million euro ($20.3 million) worth of five-year Treasury notes at an auction held on July 8, in line with plan, it said.
The average weighted yield on the government securities rose to 3.18%, compared with 3.01% at the last auction of five-year T-notes held in June, according to figures published by the finance ministry.
The government securities will mature on July 12, 2027.
Details follow:
Auction date |
July 8 |
June 14 |
Amount offered (mln euro) |
20 |
20 |
Amount sold (mln euro) |
20 |
17.65 |
Total bids placed (mln euro) |
27.1 |
19.9 |
Bid-to-cover ratio |
1.36 |
1.13 |
Maximum accepted rate |
3.42% |
3.22% |
Minimum accepted rate |
3.03% |
2.50% |
Average weighted yield |
3.18% |
3.01% |
Coupon rate |
3.10% |
3.00% |
($ = 0.9864 euro)