Croatia sells EUR 255mn of T-bills, yields drop.

By bne IntelliNews December 6, 2012
Croatia's finance ministry said it sold EUR 255.2mn worth of Treasury bills at its December 4 auction. A total of HRK 1,431mn (EUR 189.8mn) of the sold securities were denominated in kuna, while the remaining EUR 65.4mn were denominated in euro, the ministry said in a statement on its website. The planned amount of the kuna-denominated T-bills stood at HRK 800mn, while that of the euro-denominated T-bills was EUR 60mn. The ministry sold HRK 332mn worth of three-month kuna-denominated T-bills after receiving bids for HRK 522mn. It also sold HRK 398mn worth of six-month kuna-denominated T-bills after receiving bids for HRK 1,033mn and placed HRK 701mn of one-year T-bills after receiving bids for HRK 1.44bn. The yields on the three-month T-bills stood at 1.25% (dropping from previous 1.5%), on the six-month T-bills at 2.15% (dropping from previous 2.5%) and on the one-year T-bills at 2.7% (dropping from previous 2.9%). The ministry also sold a three-month issue of euro-denominated T-bills worth EUR 46.3mn, yielding 1.2% (dropping from previous 1.5%), and a EUR 19mn issue of one-year euro-denominated T-bills issue, yielding 2.2% (unchanged from previous 2.2%). Demand for the three-month euro T-bills totalled EUR 68.3mn and for the one-year ones it reached EUR 24mn.

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