Serbia Sells 2.0 Bln Dinars (21.3 Mln Euro) in 3-mo T-bills, Yields Down

The average accepted price in the auction was equal to 97% of par, the ministry said in a statement.

The ministry sold 200,000 T-bills with a nominal value of 10,000 dinars each, it added. The government securities will mature on January 12, 2010.

In the previous auction of three-month T-bills held on October 6, the ministry also sold its entire 2.0 billion dinar offer.

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 12-month, six-month and three-month T-bills will be held on October 14, October 15, and October 20 respectively.

(1 euro= 93.0816 Serbian dinars)