BELGRADE (Serbia), June 13 (SeeNews) – Serbia sold on Wednesday 13.8 million euro ($16.2 million) of two-year euro-denominated Treasury notes in a reopening of the issue, the finance ministry said.
The yield on the T-notes fell to 0.65% from 0.96% achieved at a previous auction of the issue held on February 1, the ministry said in a statement.
The paper will mature on February 5, 2020.
Details follow:
|
Jun 13 |
Feb 1 |
Amount offered (mln euro) |
24.0 |
50 |
Amount sold (mln euro) |
13.754 |
26.0 |
Total bids placed (mln euro) |
18.814 |
28.0 |
Bid-to-cover ratio |
1.37 |
1.08 |
Yield |
0.65% |
0.96% |
($ = 0.849896 euro)