Croatia T-bill sale slightly below target

ZAGREB: A Croatian treasury bill sale on Tuesday fell slightly below target, while the yield remained unchanged from last week's auction, Finance Ministry data showed.

The ministry raised 555 million kuna ($81 million) against the 600 million kuna targeted. Investors bid only for the longest-maturity one-year paper. Some 877 million kuna worth of bills mature later this week.

Croatia's overall treasury bill debt denominated in kuna amounts to 21.61 billion kuna.