On May 28, it will offer only one-year kuna paper, unlike this week when it also offered three-month bills and a euro-denominated paper. This week's sale surpassed targets.

Croatia's current short-term debt amounts to 17.87 billion kuna and 118.6 million euros ($132.04 million).

The benchmark overnight rate on the local money market was quoted at 0.30 percent on Thursday, and the one-year rate at 0.53 percent. Daily market rates change at 0900 GMT.