Croatia seeks to borrow 1.3 bln HRK at T-bill auction next week

By Kitco News / February 15, 2018 / www.kitco.com / Article Link

ZAGREB, Feb 15 (Reuters) - Croatia will offer 1.3 billion kuna ($218.13 million) worth of treasury bills at an auction next week, the Finance Ministry said on Thursday.

On Feb. 20, the ministry will again offer one-year paper which has been the only paper offered in several recent auctions as well. Occasionally the ministry also offers bills of three-month and six-month maturities as well as those denominated in euros.

At this week's auction the ministry raised more bills than was the target, with yield flat. The benchmark overnight rate on the local money market was quoted at 0.31 percent on Thursday, and the one-year rate at 0.55 percent . Daily market rates change at 0900 GMT. ($1 = 5.9598 kuna)


(Reporting by Igor Ilic; Editing by Jon Boyle)

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