All government notes (GN) of the eighth auctions sold
- All government notes (GN) of the eighth auctions sold
- Post By daniloc
- 12:28, 22 februar, 2002

All the government notes worth 2,5 million EUR offered at the eight auction organized by the Central bank of Montenegro (CBCG) were sold yesterday, was announced from this institution. Auction of these Government Notes of Montenegro, for which buyers will in 28 days, on 21 March, get money from the state increased by interest of 7.05%, is being realized by CBCG on behalf of Ministry of finance.
By sale of these valuable papers for which it has been offered over 4 million EUR in whole, buyers have for every 100 EUR of nominal value paid in 99,45 EUR on average.
Auction of the government#s notes are scheduled every 15 days.
At the last auction held on 6 February no one was interested in buying those valuable papers. CBCG explained that it was so due to extension of deadline for payment from 28 to 56 days.