BELGRADE (Serbia), December 15 (SeeNews) – Serbia finance ministry said on Thursday it sold 15.58 billion dinars ($132.1 million/126.4 million euro) of three-year Treasury notes as it reopened the issue of government securities first auctioned in February.
The yield on the government securities dropped to 4.74% from 4.79% achieved at the previous auction of the issue held on October 13, the ministry said in a statement.
Demand for the T-notes, which mature on February 22, 2019, totalled 17.8 billion dinars.
Details follow:
|
December 15 |
October 13 |
Amount offered (bln dinars) |
15.585 |
34.797 |
Amount sold (bln dinars) |
14.257 |
19.213 |
Total bids placed (bln dinars) |
17.757 |
21.290 |
Bid-to-bid cover ratio |
1.24 |
1.1 |
Yield |
4.74% |
4.79% |
(1 euro = 123.304 dinars)