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LJUBLJANA: Slovenia sold 170 million euros ($192 million) of treasury bills on Tuesday, compared with an initial target of 130 million, with yields barely changed from previous auctions, the Finance Ministry said on Tuesday.

It sold 63 million euros of 18-month bills at a yield of minus 0.37 percent, unchanged from the previous auction of such bills in October.

It also sold 57 million euros of six-month bills at a yield of minus 0.39 percent, the same as in the March auction, while the yield on three-month bills reached minus 0.4 percent, versus minus 0.39 percent last month.

Analysts said yields are likely to remain negative in coming months, mainly due to European Central Bank's expansive monetary policy.

Total bids amounted to 368 million euros. The next T-bill auction is due on May 14.

Copyright Reuters, 2019

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