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Serbia sells 12.1 bln dinars (102.4 mln euro) of 7-yr T-notes - table

Author Radomir Ralev
Serbia sells 12.1 bln dinars (102.4 mln euro) of 7-yr T-notes - table Source: Group of States against Corruption (GRECO)

BELGRADE (Serbia), February 12 (SeeNews) - Serbia sold on Tuesday 12.1 billion dinars ($115.4 million/102.4 million euro) in seven-year Treasury notes, as it reopened an issue of government securities first auctioned on January 9, the finance ministry’s said.

The yield came in at 4.57%, the same as the rate achieved at the first auction of the issue, the ministry said in a statement.

Demand for the government debt paper, which matures on January 11, 2026, stood at 13.8 billion dinars. Serbia targeted to raise 35 billion dinars.

Details follow (in billions of dinars):

  Feb 12 Jan 9
Amount offered 125.514 150.0
Amount sold 12.138 18.405
Total bids placed 13.807 18.605
Yield 4.57% 4.57%

(1 euro = 118.167 dinars)

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