PRISTINA (Kosovo), April 18 (SeeNews) – Kosovo's finance ministry sold 25 million euro ($28.3 million) worth of five-year Treasury notes on Thursday, in line with plan, data from the ministry showed.
The average weighted yield on the government securities fell to 2.61%, from 2.92% at the previous auction of five-year T-notes held on February 19, according to figures published on the website of Kosovo's finance ministry.
Details follow:
Auction date |
April 18 |
Feb 19 |
Amount offered (mln euro) |
25 |
25 |
Amount sold (mln euro) |
25 |
25 |
Total bids placed (mln euro) |
46.13 |
44.5 |
Bid-to-cover ratio |
1.85 |
1.78 |
Maximum accepted yield |
2.8% |
3.22% |
Minimum accepted yield |
2.35% |
2.65% |
Average weighted yield |
2.61% |
2.92% |
Coupon |
2.60% |
2.90% |
Source: Finance Ministry
($ = 0.88477 euro)