Croatia sells EUR 24.5mn in treasury bills.

By bne IntelliNews November 16, 2011
Croatia's finance ministry sold EUR 24.5mn in treasury bills at its latest auction. Part of them were denominated in kuna (HRK 189mn) and the remaining (EUR 29.2mn) were denominated in euro. The planned amount of kuna-denominated treasury bills stood at HRK 150mn, while that of the euro-denominated treasury bills was EUR 20mn. Investors bid for HRK 49mn in six-month bills and HRK 265mn for three-month notes. The bids for one-year EUR denominated bills amounted to EUR 10mn, while for three-month treasury bills were EUR 25.9mn. The yields on the three-month HRK-denominated treasury bills stood at 4.44% and on the three-month euro-denominated treasury bills - at 3.85%. The yields on the six-month HRK-denominated treasury bills stood at 5.1% and on the one-year EUR-denominated treasury bills stood at 4.55%.
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