Fifth T – Bills Auction in 2010

First auction treasury bills, with 182 - days to maturity were issued on 2nd March 2010 , in the amount of EUR 35,5 million, whereas the maturity expires on 2nd March 2010. The Ministry of finance through the Central Bank of Montenegro, being the fiscal agent of the Government of Montenegro, on 30th August 2010, organized fifth T - Bills auction and extended the maturity date of the first auction treasury bills by 182 days. Total offer for the sale of the treasury bills was announced in the amount of EUR 39,0 million. The auction was very successful, being attended by high number of commercial banks and a few banks from the region. Total demand purchase demand amounted to EUR 47,99 million Euros. The total demand for purchasing the T – Bills was EUR 47,99. The Ministry of finance opted for accepting the offer and purchased the T – Bills EUR 39,0, representing 100% of the total offer.