T-Bills Issue Falls Short

T-Bills Issue Falls Short

 

Slovenia auctioned off just over EUR 56m-worth of 6- and 12-month treasury bills on Tuesday, significantly below the planned EUR 100m.

Six-month bills worth EUR 32.2m were sold at a nominal annual interest rate of 1.7%, as well as EUR 23.8m of 12-month bills with 2.99% interest, the Finance Ministry said.

This compares to the mid-March oversubscribed issue of EUR 111m-worth of 3- and 6-month bills with nominal annual interest of 0.49% and 1.5% respectively.