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Serbia redeems early 5.0 bln dinars (43 mln euro) of 7-yr T-notes

Author Radomir Ralev
Serbia redeems early 5.0 bln dinars (43 mln euro) of 7-yr T-notes Source: Statistical Office of the Republic of Serbia

BELGRADE (Serbia), February 14 (SeeNews) - Serbia's finance ministry said on Friday it completed the early redemption of 5.0 billion dinars ($46.1 million/42.5 million euro) worth of seven-year Treasury notes.

The government paper, which will mature in July 2023, was redeemed at a yield of 2.3%, the finance ministry said in a statement.

The repurchased T-notes was in line with the targeted redemption volume of 5 billion dinars. The government securities were part of a 110 billion dinars issue of seven-year T-notes auctioned on July 19, 2016.

(1 euro = 117.521 dinars)

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