ZAGREB, 22 Feb 2022 - Croatia's finance ministry on Tuesday issued HRK 800 million in treasury bills which mature in one year at the low interest rate is 0.01 per cent.
In advance of the maturity of treasury bills worth a billion kuna, the Ministry offered HRK 700 million for subscription. Financial institutions submitted bids totalling HRK 803 million and the Ministry accepted them all.
The balance of subscribed kuna treasury bills has now decreased by HRK 197 million to HRK 13.6 billion.
The next auction of treasury bills will be held on 1 March, said the ministry.
(€1 = HRK 7.532838)