Podgorica, (MINA-BUSINESS) – At this year’s second auction, all treasury bills worth €24 million in total were sold at the average yield rate of 0.56 percent.
The total value of the submitted bids was €27 million.
The maturity period of the treasury bills is 182 days, which means that they will be due on 20 August.
The treasury bill worth €18 million were sold at the first auction organized this year.
There were six auctions of treasury bills with the maturity period of 182 days 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
