Ministry of Finance Raised $276.79M in the Latest T-Bills Auction

In the TBs auction held on the 16th of April 2015, the Ministry of Finance raised LP 417.26B ( $276.79M), through the issuance of bills and notes maturing in 6M, 2Y and 7Y. The highest demand was achieved on the 7Y note, with a 64.82% share of total subscriptions. Meanwhile,the 6M bills and 2Y notes captured respective proportions of 3.00% and 32.18%. In addition, the 6M bills yielded 4.87%, while the average coupon rate for the 2Y and 7Y notes stood at 5.84% and 7.08%, respectively. New subscriptions exceeded maturing bills by LP 265.59B ($176.16M).

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