All investor focus is directed towards today’s auction of treasury bills, write RBA analysts.
At the auction, analysts expect a further decline in yields on kuna treasury bills.
– We would not be surprised to see a breach of the 3 percent level for the 364-day term. – they say.
Demand for treasury bills in the currency clause will largely depend on the difference between the market and the average exchange rate of the HNB, but in any case, strong investor interest is expected.
