Wednesday, December 17, 2008

Croatia: Finance ministry issues EUR-denominated T-bills for first time.

Source: IntelliNews - Croatia Today

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Finance ministry issues EUR-denominated T-bills for first time. The finance ministry issued for the first time T-bills denominated in EUR. It sold a total of EUR 296.3mn of one-year T-bills at its latest auction, meeting the entire demand, which exceeded the target of EUR 200mn. The average yield on the T-bills was 7.95%, which matched the yields on HRK-denominated papers sold a week ago. We note that the ministry sold the total amount of HRK 2.76bn T-bills last week.

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Croatia: Finance ministry issues EUR-denominated T-bills for first time.

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