Serbia Sells 2.0 Bln Dinars (21.1 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 May 27, 2010.

In the previous auction of six-month T-bills held on November 19 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 1, December 2, and December 3 respectively.

(1 euro = 94.8438 dinars)