Croatia sells EUR 118.9mn in treasury bills.

By bne IntelliNews August 31, 2011
Croatia's finance ministry announced that it sold EUR 118.9mn in treasury bills at its latest auction. Part of them were denominated in kuna (HRK 736mn), while the remaining (EUR 20.54mn) were denominated in euro. The planned amount of kuna-denominated treasury bills stood at HRK 700mn and that of euro-denominated treasury bills was EUR 10mn. Investors bid for HRK 633mn in one-year, HRK 120mn in six-month and HRK 83mn - in three-month treasury bills. The bids for one-year EUR denominated bills added up to EUR 24.54mn. The yields on the one-year HRK-denominated treasury bills stood at 3.95% and on the one-year euro-denominated treasury bills - at 3.6%. The yields on the three-month and six-month HRK-denominated treasury bills reached 3% and 3.5%, respectively.

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