€1.04 Billion Worth of Treasury Bills Sold to Refinance “Old” Treasury Bill

Ahead of the maturity of €1.2 billion worth of treasury bills, issued before the previous financial crisis, the ministry today offered €1.2 billion worth of bills for subscription and financial institutions offered €1.39 billion in total. The ministry then accepted the offers totalling  €1.04 billion.

The new treasury bill has a maturity of one year.

The balance of subscribed treasury bills has now been reduced by € 164.65 million to 1.05 billion euro.

(€1 = HRK 7.564582)

 

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