The average accepted price in Tuesday's 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 February 2, 2010.
In the previous auction of three-month T-bills held on October 27, the ministry also sold out 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 November 4, November 5, and November 10, respectively.
(1 euro=93.1828 Serbian dinars)