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Croatia meets its target at T-bill auction but yield falls

Published December 5, 2017 Updated December 5, 2017 09:01pm
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By Fawad MaqsoodReuters
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ZAGREB: Croatia sold 675 million kuna ($106.11 million) of one-year treasury bills on Tuesday to meet its target, Finance Ministry data showed. The yield fell five basis points to 0.2 percent.

Bids amounted to 2.207 billion kuna and there was strong liquidity. Some 75 percent of the bills were taken by banks.

The ministry occasionally also auctions bills with 3-month and 6-month maturities as well as those denominated in euros.

The next auction is planned for Jan. 2, 2018.

Copyright Reuters, 2017
 

 

 

 

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