November 24 (SeeNews) - Serbia's finance ministry said it sold 15.4 million euro ($17.4 million) worth of 12-year Treasury bonds on Wednesday in a reopening of the issue.
The yield came in at 1.60%, the same as the one achieved at the latest auction of the issue held on July 7, the ministry said in a statement.
Demand for the government debt paper, which matures on March 26, 2033, stood at 15.4 million euro.
Details follow (in millions of euro):
|
Nov 24 |
Jul 7 |
Amount offered |
66.121 |
75.121 |
Amount sold |
15.360 |
9.0 |
Total bids placed |
15.360 |
14.6 |
Bid-to-cover ratio |
1.0 |
1.62 |
Yield |
1.60% |
1.60% |
($ = 0.88337 euro)