BELGRADE (Serbia), February 18 (SeeNews) – Serbia's finance ministry said on Tuesday it sold below target 19.3 billion dinars ($178 million/164 million euro) of 12-and-a-half-year Treasury bonds.
The securities are part of a 100 billion dinars issue, the ministry said in a statement.
Their market value stood at 21.45 billion dinars, with an average single price of 11,112.59 dinars, the ministry said.
The yield came in at 3.40%, while the annual coupon was set at 4.50%, it added.
Demand for the Treasury notes, which will mature on August 20, 2032, totalled 73.7 billion dinars.
This was the ministry's first issue with such maturity for 2020.
(1 euro = 117.539 dinars)