September 4 (SeeNews) - Serbia’s Finance Ministry on Thursday sold out its 2.0 billion dinar ($30.6 million/21.3 million euro) offer of six-month Treasury bills, it said.
The average accepted price in the auction was equal to 94% of par and the accepted interest rate was 12.05%, the ministry said in a statement posted on its website late on Thursday.
The ministry sold 200,000 T-bills with a nominal value of 10,000 dinars each. The government securities will mature on March 4, 2010.
In the previous auction of six-month T-bills held on August 27 the ministry also sold its entire offer of 2.0 billion dinars worth of government securities at an annual interest rate of 12.13%.
Serbia holds scheduled auctions of six-month T-bills every week on Thursdays and of three-month T-bills on Tuesdays. It held its debut auction of 12-month T-bills last week.
The next auctions of three-month and six-month T-bills will be held on September 8 and September 10, respectively.
(1 euro=93.6154 dinars)