August 22 (SeeNews) - Kosovo's finance ministry sold 20 million euro ($20.06 million) worth of five-year Treasury notes at an auction held on August 19, in line with plan, it said.
The average weighted yield on the government securities rose to 3.30%, compared with 3.18% at the last auction of five-year T-notes held in July, according to figures published by the finance ministry.
The government securities will mature on August 22, 2027.
Details follow:
Auction date |
August 19 |
July 8 |
Amount offered (mln euro) |
20 |
20 |
Amount sold (mln euro) |
20 |
20 |
Total bids placed (mln euro) |
32.1 |
27.1 |
Bid-to-cover ratio |
1.61 |
1.36 |
Maximum accepted rate |
3.37% |
3.42% |
Minimum accepted rate |
3.15% |
3.03% |
Average weighted yield |
3.30% |
3.18% |
Coupon rate |
3.20% |
3.10% |
($ = 0.9970 euro)