Croatia sells EUR 224mn in Treasury bills, yields drop.

By bne IntelliNews May 30, 2012
Croatia's finance ministry said it sold EUR 224mn in Treasury bills at its May 29 auction. A total of HRK 1.3bn (EUR 173mn) of the sold securities were denominated in kuna, while the remaining EUR 51mn were denominated in euro, the ministry said in a statement. The planned amount of the kuna-denominated T-bills stood at HRK 900mn, while that of the euro-denominated T-bills was EUR 50mn. The ministry sold HRK 215mn worth of three-month kuna-denominated T-bills after receiving bids for HRK 677mn. It also sold HRK 285mn of six-month kuna-denominated T-bills after receiving bids for HRK 593mn and placed HRK 809mn of one-year kuna-denominated T-bills after receiving bids for HRK 1.3bn. The yields on the three-month T-bills stood at 2.48% (dropping from previous 3%), on the six-month T-bills at 3.4% (dropping from previous 3.75%) and on the one-year T-bills at 3.6% (inching down from previous 3.9%). The ministry also sold a three-month issue of euro-denominated T-bills worth EUR 26mn, yielding 2.7% (down from previous 2.99%), and a EUR 25mn one-year euro-denominated T-bills issue, yielding 3.3% (down from previous 3.7%).
Read in IntelliNews Pro
Get IntelliNews Pro

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

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    9 days ago
  2. EU finally boosts defence investment into arms production as Ukraine runs out of ammo
    1 month ago
  3. Don't mention the "D" word - Ukraine
    6 days ago
  4. The 'wet-bulb' set to kill hundreds of thousands of people if temperatures and humidity levels continue to rise
    3 days ago
  5. Europe unlikely to tackle Russian LNG imports anytime soon
    3 days ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    27 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    1 month ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    29 days ago
  5. Saudi Arabia to scale back plans for Neom city
    16 days ago

Reports

Dismiss