Serbia’s jobless rate falls to 9% in Q3
Albania picks LA-OR to install HPP switches
UPDATE 1 - Serbia’s economy grows 3.6% y/y in Q3
Foreign tourist visits to Serbia up 9% y/y in Oct
Croatia's retail sales volume up real 6.5% y/y in Oct
Dec 23, 2009 16:34 EEST
December 23 (SeeNews) - Serbia's Finance Ministry said on Wednesday it sold its entire offer of 1.0 billion dinars ($14.8 million/10.4 million euro) of 12-month Treasury bills at an average interest rate of 10.99%, down from 11% in last week's auction.
The average accepted price in the auction was 90%, the ministry said in a statement.
The ministry sold 100,000 T-bills with a nominal value of 10,000 dinars each, the statement said. The government securities will mature on December 22, 2010.
In the previous auction of 12-month T-bills held on December 16 the ministry also sold its entire offer of 1.0 billion dinars worth of government securities.
Serbia holds scheduled auctions of three-month T-bills every week on Tuesdays, of 12-month T-bills on Wednesdays and of six-month T-bills on Thursdays.
The next auctions of six-month, three-month and 12-month T-bills will be held on December 24, December 29, and December 30, respectively.
Serbia held its debut auction of 12-month T-bills in August, aiming to bridge its yawning budget gap.
(1 euro= 96.5119 Serbian dinars)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options