Serbia Sells 2.0 Bln Dinars (20.9 Mln Euro) in 6-mo T-bills, Yields Fall

The average accepted price in Thursday's auction was equal to 95% of par, the ministry said in a statement posted on its website.

The ministry sold 200,000 T-bills with a nominal value of 10,000 dinars each. The government securities will mature on June 10, 2010.

In the previous auction of six-month T-bills held on December 3 the ministry also sold its entire offer of 2.0 billion dinars worth of government securities.

Serbia holds scheduled auctions of three-month T-bills every week on Tuesdays, of 12-month T-bills on Wednesdays and of six-month T-bills on Thursdays.

The next auctions of three-month, 12-month and six-month T-bills will be held on December 15, December 16, and December 17 respectively.

(1 euro = 95.9201 dinars)