Croatia sells EUR 167mn in Treasury bills, yields drop.

By bne IntelliNews May 3, 2012
Croatia's finance ministry said it sold EUR 167.1mn in Treasury bills at its May 2 auction. A total of HRK 891mn (EUR 119mn) of the sold securities were denominated in kuna, while the remaining EUR 48.1mn were denominated in euro, the ministry said in a statement. The planned amount of the kuna-denominated T-bills stood at HRK 600mn, while that of the euro-denominated T-bills was EUR 45mn. The ministry sold HRK 310mn worth of three-month kuna-denominated T-bills after receiving bids for HRK 665mn. It also sold HRK 185mn of six-month kuna-denominated T-bills after receiving bids for HRK 310mn and placed HRK 396mn of one-year kuna-denominated T-bills, facing a demand for HRK 592mn. The yields on the three-month T-bills stood at 3% (dropping from previous 3.55%), on the six-month T-bills at 3.75% (dropping from previous auctions 4%) and on the one-year T-bills at 3.95% (inching down from last weeks 4.24%). The ministry also sold a three-month issue of euro-denominated T-bills worth EUR 11mn, yielding 2.99% (down from previous auctions 3.3%), and a EUR 37.1mn one-year euro-denominated T-bills issue, yielding 3.9% (down from previous 4.05%).

Related Articles

Croatian govt to acquire four companies part of 3.Maj shipyard.

The Croatian government decided on Thursday, March 21, to take over the ownership of all four companies part of local shipyard 3.Maj after which the privatisation of the parent company will be ... more

Croatias Dukat to make takeover bid for Slovenias Ljubljanske Mlekarne.

Croatian dairy producer Dukat said it intends to place a takeover bid for the 49.7% stake it does not yet own in Slovenian peer Ljubljanske Mlekarne. Dukats current stake of 50.3% in the ... more

Croatia's construction output down 2.1% y/y in Jan 2013.

Croatia's construction output fell 2.1% on the year in January 2013 after dropping an annual 19.9% a month earlier, the statistics office said, quoting unadjusted data. Working-day adjusted data, ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss