Podgorica, (MINA-BUSINESS) – According to the Ministry of Finance, the total debt Montenegro has incurred by issuing treasury bills amounts to €77 million.
The debt is based on the treasury bills issued on 29 August 2018, 14 January and 19 February 2019, amounting to €35 million, €18 million and €24 million respectively.
The maturity period for all three issues is 182 days and these treasury bills will be due on 27 February, 15 July and 20 August this year.
The treasury bills are discounted short-term securities sold by the Central Bank of Montenegro (CBCG) on behalf of the Ministry of Finance, for the purpose of maintaining current liquidity of the budget.
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