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Skip Navigation LinksHome :: Banking :: Finance ministry sells all PLN 1.0bn worth of T-bills, demand at PLN 3.2bn.

Tuesday, September 2, 2008

Finance ministry sells all PLN 1.0bn worth of T-bills, demand at PLN 3.2bn.





Finance ministry sells all PLN 1.0bn worth of T-bills, demand at PLN 3.2bn. The finance ministry sold 26-week Treasury bills worth of PLN 501.89mn and 52-week notes worth of PLN 500.00, i.e. the entire offers of these papers (PLN 500mn each), at an auction on Monday. Demand for both papers totalled PLN 3.19bn. Demand for the 26-week T-bills was PLN 1.23bn, and the minimum price was PLN 9,684.21, with the average yield at 6.422%. In the case of the 52-week bills, demand was PLN 1.96bn, the average yield 6.427% and the minimum price - PLN 9,387.78. At the previous auction, on Aug 18, sold 26-week Treasury bills worth of PLN 0.5bn and 52-week notes worth of PLN 0.5bn, i.e. the entire offers of these papers. Demand for both papers totalled PLN 4.72bn. ISB







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