The Central Bank of Montenegro has announced its plan to hold an auction on December 20, where it will offer 91-day Treasury bills worth 20 million euro ($21.9 million).
Last week, the central bank released a statement regarding the T-bills that are set to mature on March 21, 2024. According to the statement, each T-bill has a par value of 100 euro.
During the most recent auction of 91-day T-bills on March 14, 2017, Montenegro successfully sold 15 million euro worth of government securities at a yield of 2.35%.