BELGRADE (Serbia), September 8 (SeeNews) – Serbia sold on Thursday 100 million euro ($112.8 million) in five-year Treasury bonds, in line with target, the finance ministry's treasury department said.
The department said in a statement it sold the T-bonds at an annual yield of 2.90%, down from 3.45% achieved at the previous auction of euro-denominated five-year T-bonds held on March 22.
The government paper will mature on September 12, 2021.
|
September 8 |
March 22 |
Amount offered (mln euro) |
100 |
75 |
Amount sold (mln euro) |
100 |
75 |
Total bids placed (mln euro) |
138.6 |
129.07 |
Bid-to-cover ratio |
1.4 |
1.7 |
Yield |
2.90% |
3.45% |
($=0.885585 euro)