BELGRADE (Serbia), May 31 (SeeNews) – Serbia sold on Wednesday its entire offer of 100 million euro ($112.2 million) in five-year euro-denominated Treasury notes, the finance ministry said.
The yield on the T-notes came in at 2.69%, unchanged from the one achieved at a previous auction of a similar issue held on February 21, the ministry said in a statement.
Demand for the paper, which matures on June 2, 2022, stood at 125.5 million euro.
Details follow:
|
May 31 |
February 21 |
Amount offered (mln euro) |
100.0 |
100.0 |
Amount sold (mln euro) |
100.0 |
98.42 |
Total bids placed (mln euro) |
125.5 |
131.3 |
Bid-to-cover ratio |
1.255 |
1.33 |
Yield |
2.69% |
2.69% |
($ = 0.891428 euro)