ZAGREB: Croatia sold 483 million kuna ($72.57 million) and 16 million euros ($17.84 million) worth of treasury bills at two separate auctions on Tuesday, mostly with unchanged yields, Finance Ministry data showed.
The finance ministry sold 200 million kuna in three-month paper, against the 100 million kuna target, yielding 0.03 percent.
That paper was last sold in early 2017 when it yielded 0.2 percent.
It also sold 283 million kuna in one-year bills at an unchanged yield of 0.08 percent.
The original target was set at 200 million kuna.
After almost six months the ministry also sold one-year bills denominated in euros.
The target was set at 10 million euros, while the sale reached 16 million equalling the overall bids.
The yield stood flat at zero percent.
Banks soaked up all the euro bills and three-month kuna bills while non-banking investors focused on one-year kuna paper, taking up 75 percent of it.
After the auction Croatia's short-term local currency debt rose to 17.87 billion kuna from 17.58 billion.
The short-term debt in euros fell to 118.6 million euros from 130.6 million as 28 million euros worth of euro bills mature this week.
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