The Ministry of Finance in Croatia has successfully sold 1.13 billion euros worth of treasury bills with a maturity date of November 21, 2024. In the first round of registration, which was open to natural persons from November 13 to 20, a total of 37,229 offers were received through the Fine network of branches. Of those offers, 36,643 were paid in full for a total nominal amount of 1.01 billion euros.
The price at which the treasury bills were subscribed in the first round was 963.95 euros per bill with a nominal amount of one thousand euros, resulting in a total payment of 969.7 million euros by citizens. After registering with Fine, citizens could pay for their treasury bills at Fine counters or commercial banks, as well as via internet banking.
Today marked the start of the second round of registration for treasury bills through the Bloomberg auction system, and a total of 22 bids were received for a nominal amount of EUR 340.65 million. Ten offers worth EUR 124.15 million were finally accepted with a discounted price of EUR 964.88, equivalent to an annual yield rate of 3.65%.
The treasury bills will be issued electronically and will be recorded on the securities account in the computer system of the Central Clearing Depository Company (SKDD). The investors’ accounts will be updated with their treasury bill positions on November 23.