August 20 (SeeNews) - Montenegro sold 24 million euro ($26.6 million) worth of 182-day Treasury bills in an auction held on August 19, the central bank said.
The annual yield on the issue fell to 0.40% from 0.54% achieved at the last auction of 182-day Treasury bills held on July 16, the central bank said in a statement on Monday.
The government securities will mature on February 18, 2020.
Details of the last two auctions of Montenegrin 182-day T-bills follow:
|
August 19 |
July 16 |
Total nominal amount offered (mln euro) |
24.0 |
18.0 |
Amount of accepted bids (mln euro) |
24.0 |
18.0 |
Total bids placed (mln euro) |
48.0 |
44.5 |
Bid-to-cover ratio |
2.0 |
2.472 |
Yield |
0.40% |
0.54% |
($=0.903036 euro)