April 4 (SeeNews) - Serbia's finance ministry said it will hold two government debt auctions in the second quarter, offering a combined 150.16 million euro ($162.39 million) worth of three-year Treasury notes.
The first auction will be held on April 9, offering 75.159 million euro worth of securities with an annual coupon of 4.25%, the ministry said in a statement last week.
The second auction will take place on May 15, offering T-notes worth 75 million euro with an annual coupon of 4.25%, the statement read.
Both notes mature on January 29, 2027, and represent the reopening of an existing notes issue that was first offered for sale on January 25, 2024.
Back in January, the ministry put up for sale 250 million euro worth of three-year T-notes, selling only 99.8 million euro. The yield to maturity came in at 4%.
($ = 0.927 euro)