Government issues EUR 373 million worth of Treasury bills

22.09.2026 | 12:48

Today, on September 22, the Republic of Estonia issued a total of EUR 373 million worth of Treasury bills – EUR 182 million of 6-month and EUR 191 million of 12-month T-bills. T-bills are sold via an auction with competitive bidding and are aimed at institutional investors only. The bills were issued to refinance maturing T-bills.

The average yield to maturity of the issued 6-month and 12-month T-bills was 2.910% and 3.209%, respectively.  

These T-bills were issued within the framework of the T-bill program approved by the Minister of Finance in 2020. The framework allows for repeated issuance of T-bills with maturities of up to 12 months. The interest rate depends on the market conditions at the time of issuance.  

T-bill issues are carried out to manage the cash flows of the state.

Additional information can be found on the website of the Ministry of Finance. 

ANNA-LIISA VILLMANN

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