Croatia sells EUR 157.6mn of T-bills, yields on one-year kuna debt unchanged.

By bne IntelliNews September 20, 2012
Croatia's finance ministry said it sold EUR 157.6mn worth of Treasury bills at its September 18 auctions. A total of HRK 762mn (EUR 102.8mn) of the sold securities were denominated in kuna, while the remaining EUR 54.8mn were denominated in euro, the ministry said on its website. The planned amount of the kuna-denominated T-bills stood at HRK 600mn, while that of the euro-denominated T-bills was EUR 50mn. The ministry sold HRK 80mn worth of three-month kuna-denominated T-bills, meeting all bids arrived. It also sold HRK 387mn of six-month T-bills after receiving bids for HRK 449mn and placed HRK 295mn of one-year T-bills, meeting all bids arrived. The yields on the three-month T-bills stood at 2.2% (unchanged from the previous sale), on the six-month T-bills at 3.4% (dropping from previous 3.5%) and on the one-year T-bills at 3.5% (unchanged from the previous auction). The ministry also sold a three-month issue of euro-denominated T-bills worth EUR 34.3mn, yielding 2.09% (dropping from previous 2.28%), and a EUR 20.5mn issue of one-year euro-denominated T-bills issue, yielding 2.37% (down from previous 2.5%).
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

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