Croatia sells EUR 89.3mn in treasury bills.

By bne IntelliNews October 5, 2011
Croatia's finance ministry announced that it sold EUR 89.3mn in treasury bills at its latest auction. Part of them were denominated in kuna (HRK 455mn), while the remaining (EUR 28.6mn) were denominated in euro. The planned amount of kuna-denominated treasury bills stood at HRK 450mn, while that of euro-denominated treasury bills was EUR 30mn. Investors bid for HRK 432mn in one-year, HRK 105mn in six-month 's's's's's. The bids for one-year EUR denominated bills added up to EUR 17.6mn, while for three-month bills was EUR 11mn. The yields on the one-year HRK-denominated treasury bills stood at 5% and on the one-year euro-denominated treasury bills - at 4.5%. The yields on the six-month HRK-denominated treasury bills stood at 4.45% and on the three-month EUR-denominated treasury bills stood at 3.5%.

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