BELGRADE (Serbia), March 22 (SeeNews) – Serbia sold on Thursday 12.8 million euro ($15.8 million) in two-year euro-denominated Treasury notes, equal to 25.6% of its offer, the finance ministry said.
The yield on the T-notes stood at 0.96%, the same as the one achieved at a previous auction of a similar issue held on February 1, the ministry said in a statement.
The paper will mature on March 26, 2020.
Details follow:
|
Mar 22 |
Feb 1 |
Amount offered (mln euro) |
50 |
50 |
Amount sold (mln euro) |
12.8 |
26.0 |
Total bids placed (mln euro) |
12.8 |
28.0 |
Bid-to-cover ratio |
1.0 |
1.08 |
Yield |
0.96% |
0.96% |
($ = 0.811179 euro)