PRISTINA (Kosovo), September 20 (SeeNews) – Kosovo's finance ministry raised 25 million euro ($29.2 million) from the sale of a new issue of five-year Treasury notes on Wednesday, in line with plan, data from the country's central bank showed on Thursday.
The average weighted yield on the government securities rose to 3.28%, from 2.80% at the previous auction of five-year T-notes held on June 29, according to figures posted on the website of Kosovo's central bank.
Details follow:
Auction date |
September 19 |
June 29 |
Amount offered (mln euro) |
25 |
20 |
Amount sold (mln euro) |
25 |
20 |
Total bids placed (mln euro) |
39.1 |
22.3 |
Bid-to-cover ratio |
1.56 |
1.12 |
Maximum accepted yield |
3.54% |
3.50% |
Minimum accepted yield |
3.00% |
2.50% |
Average weighted yield |
3.28% |
2.80% |
Coupon |
3.20% |
2.70% |
Source: Central Bank of Kosovo
($ = 0.85626 euro)