BELGRADE (Serbia), September 28 (SeeNews) – Serbia sold on Wednesday 5.3 billion dinars ($48.3 million/43.02 million euro) in 53-week Treasury bills, equal to 52.92% of its offer, the finance ministry said.
The annual yield edged down to 3.58%, from 3.59% achieved in the previous auction of 53-week dinar-denominated T-bills held on July 27, the ministry said in a statement.
The government paper will mature on October 6, 2017.
Details of the last two auctions of Serbian 53-week T-bills follow:
|
September 28 |
July 27 |
Amount offered (bln dinars) |
10.0 |
10.0 |
Amount sold (bln dinars) |
5.29 |
4.9 |
Total bids placed (bln dinars) |
7.99 |
10.6 |
Bid-to-cover ratio |
1.5 |
2.2 |
Yield |
3.58% |
3.59% |
(1 euro=123.215 Serbian dinars)