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Serbia sells 198 mln euro of 8-yr T-bonds at 6.30% yield

Dec 6, 2023, 1:21:10 PMArticle by Djordje Jajcanin
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December 6 (SeeNews) - Serbia's finance ministry said it raised 23.2 billion dinars ($213.9 million/198.2 million euro) in a reopening of an issue of eight-year Treasury bonds.

Serbia sells 198 mln euro of 8-yr T-bonds at 6.30% yield
Source: Statistical Office of the Republic of Serbia

Yield to maturity came in at 6.30% at an auction held on December 5, with coupon payments due annually, the finance ministry said in a press release on Tuesday.

In the previous auction of eight-year bonds of the same issue held on October 24 the finance ministry sold 19.2 billion dinars worth of government paper at 6.39% yield to maturity.

Auction Date Dec 5, 2023 Oct 24, 2023
Maturity Date Oct 26,2031 Oct 26,2031
Amount offered (mln dinars) 90,804 110,000
Amount sold (mln dinars) 23,238 19,195
Total bids placed (mln dinars) 23,238 19,195
Coupon interest rate 7.0% 7.0%

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