In the domestic primary market for Treasury bills, the Treasury invited tenders for 90-day and 272-day bills for settlement value December 28, 2018, maturing on March 28, and September 26, 2019, respectively. Bids of €50 million were submitted for the 90-day bills, with the Treasury accepting €34 million, while bids of €20 million were submitted for the 272-day bills, with the Treasury accepting €5 million. Since €40 million worth of bills matured during the week, the outstanding balance of Treasury bills decreased by €1 million, to stand at €290 million.

The yield from the 90-day bill auction was -0.352 per cent, up by 0.2 basis point from bids with a similar tenor issued on December 20, representing a bid price of €100.0881 per €100 nominal. 

The yield from the 272-day bill auction was -0.350 per cent, a decrease of 0.2 basis point from bids with a similar tenor issued on November 15  representing a bid price of €100.2651 per €100 nominal.

During the week under review, there was no trading on the Malta Stock Exchange.

Yesterday the Treasury invited tenders for 91-day and 182-day bills maturing on April 4, and July 4, 2019, respectively.