Podgorica, (MINA-BUSINESS) – The treasury bills with a maturity period of 182 days, worth €18 million, will be offered at this year’s fourth auction scheduled for Tuesday.
The Central Bank of Montenegro (CBCG) announced that the bids could be submitted by Tuesday at noon.
The maturity period of the treasury bills is 182 days, more specifically, they will be due on 14 January 2020.
The treasury bills worth €18 million were sold at the first auction organized this year, while the bills worth €24 million and €30 million were sold at the second and third one respectively.
Six auctions of the treasury bills with the maturity period of 182 were organized last 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.Longer version of article is available on a link MINA ENGLISH SERVIS
