January 10 (SeeNews) - Serbia's finance ministry said it raised 10.13 billion dinars ($92.5 million/86 million euro) in a reopening of an issue of twelve-year Treasury bonds, or 90% of its offer of 11.13 billion dinars.
The yield in the auction came in at 7.15%, the ministry said in a press release on Monday.
At the latest auction for twelve-year Serbian Treasury bonds held on November 24, 2021 the yield stood at 1.60%.
Demand for the government debt paper totalled 10.13 billion dinars.
The Treasury bonds carry a coupon of 4.50% paid semi-annually and will mature on August 20, 2032.
Auction date |
January 9, 2023 |
Maturity date |
August 20, 2032 |
Amount offered (mln dinars) |
11,129 |
Amount sold (mln dinars) |
10,129 |
Total bids placed (mln dinars) |
10,129 |
Coupon interest rate |
4.50% |
(1 euro = 117.406 dinars)