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BELGRADE (Serbia), February 13 (SeeNews) – Serbia's finance ministry said on Tuesday it raised 11.6 billion dinars ($121 million/98 million euro) at an auction of five-year Treasury notes in a reopening of the issue, well below its target of 100.7 billion dinars.
The yield fell to 4.28%, slightly down from 4.3% at the previous auction of the issue held on January 23, the finance ministry said in a statement.
Demand for the government debt paper, which matures on January 25, 2023, totalled 13 billion dinars.
|Feb 13||Jan 23|
|Amount offered (bln dinars)||100.7||110.0|
|Amount sold (bln dinars)||11.64||9.339|
|Total bids placed (bln dinars)||13.0||28.349|
(1 euro = 118.349 dinars)