Croatia sells EUR 796.5mn in Treasury securities.

By bne IntelliNews February 15, 2012
Croatia's finance ministry said it sold EUR 795.5mn worth of Treasury papers at its February 14 auctions. A total of HRK 4mn (EUR 0.5mn) of the sold securities were denominated in kuna, while the remaining EUR 796mn were denominated in euro, the ministry said in a statement. The planned amount of the kuna-denominated T-bills stood at HRK 100mn, while that of the euro-denominated T-bills and T-notes was EUR 730mn. The ministry sold HRK 4mn worth of six-month kuna-denominated T-bills after receiving bids for HRK 24mn. It, however, sold zero three-month kuna-denominated T-bills after receiving bids for HRK 20mn. The yields on the six-month T-bills at 4.7%. The ministry sold a three-month issue of euro-denominated T-bills worth EUR 32mn, yielding 4.3%. It also placed a EUR 33.5mn one-year euro-denominated T-notes issue, yielding 4.85%, and a EUR 730.4mn 18-month euro-denominated T-notes issue, yielding 5.25%.

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

Dismiss