Business & Finance

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

Published Updated

On March 26, at its first auction in three weeks, the ministry will offer just one-year paper which last yielded 0.09 percent.

The finance ministry also occasionally offers three-month and six-month bills as well as those denominated in euros.

Croatia's short-term local currency debt currently stands at 16.75 billion kuna.

The benchmark overnight rate on the local money market was quoted at 0.29 percent on Thursday and the one-year rate at 0.51 percent. Daily market rates change at 1000 GMT.

Copyright Reuters, 2019