Croatia sells EUR 170.1mn in T-bills, yields on kuna-denominated ones rise.

By bne IntelliNews August 29, 2012
Croatia's finance ministry said it sold EUR 170.1mn worth of Treasury bills at its August 28 auction. A total of HRK 844mn (EUR 112.8mn) of the sold securities were denominated in kuna, while the remaining EUR 57.3mn were denominated in euro, the ministry said in a statement. The planned amount of the kuna-denominated T-bills stood at HRK 700mn, while that of the euro-denominated T-bills was EUR 70mn. The ministry sold HRK 60mn worth of three-month kuna-denominated T-bills after receiving bids for HRK 160mn. It also sold HRK 283mn of six-month T-bills after receiving bids for HRK 313mn and placed HRK 501mn of one-year T-bills after receiving bids for HRK 588mn. The yields on the three-month T-bills stood at 2.33% (increasing from previous auctions 2.3%), on the six-month T-bills at 3.5% (going up from previous 3.1%) and on the one-year T-bills at 3.6% (inching up from previous auction 3.5%). The ministry also sold a three-month issue of euro-denominated T-bills worth EUR 37mn, yielding 2.1% (unchanged from the previous 2.1%), and a EUR 20.3mn issue of one-year euro-denominated T-bills issue, yielding 2.5% (unchanged from previous 2.5%).

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