Croatia sells EUR 104mn in treasury bills.

By bne IntelliNews May 4, 2011
Croatia's finance ministry sold EUR 103.9mn in treasury bills at the latest auction on May 3. Part of them were denominated in kuna (HRK 700mn/EUR 94.4mn), while the remainder (EUR 9mn) was denominated in euro. The ministry managed to place the entire planned amount of kuna-denominated treasury bills, while that of the euro-denominated treasury bills fell below the targeted EUR 10mn. The average yield eased to 3% on the one-year kuna-denominated treasury bills and to 2.75% on the euro-denominated treasury bills.

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