BELGRADE (Serbia), December 6 (SeeNews) – Serbia sold on Tuesday 50.6 million euro ($54.3 million) in two-year euro-denominated Treasury notes, equal to 66.17% of target, the finance ministry said.
The yield on the T-notes dropped to 1.07% from 1.08% achieved at the previous auction of government securities of the same issue held on November 4, the department said in a statement.
The government securities sold on Tuesday are part of a 100 million euro issue offered on November 4, 2016. The government sold 23.5 million euro worth of debt paper in first auction and offered the remaining 76.5 million euro on Tuesday.
Details follow:
|
December 6 |
November 4 |
Amount sold (mln euro) |
50.6 |
23.5 |
Total bids placed (mln euro) |
76.5 |
23.5 |
Selling price |
999.51 |
998.43 |
Yield |
1.07% |
1.08% |
($ = 0.931209 euro)