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Croatia to offer 400mn HRK, 5mn EUR in T-bills next week

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By Shoaib Ur Rehman
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imageZAGREB: Croatia will offer 400 million kuna ($60.26 million) and five million euros ($5.64 million) worth of one-year treasury bills at two separate auctions on Aug. 30, the Finance Ministry said on Thursday.

This week the sale of treasury bills surpassed target with yields inching down.

The ministry also occasionally offers three-month and six-month bills.

The benchmark overnight rate on the local money market was quoted at 0.55 percent on Thursday and the one-year rate at 1.30 percent.

Copyright Reuters, 2016

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