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)