Business & Finance

Croatia sells T-bills above target, yield steady

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The result beat the ministry's target of 850 million kuna.

Virtually all the bills were bought by banks.

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

After the auction Croatia's overall short-term debt in the local currency rose to 19.76 billion kuna from 19.51 billion.

 

Copyright Reuters, 2018