Serbia Sells 2.0 Bln Dinars (21.5 Mln Euro) in 6-mo T-bills, Yields Down

The average accepted price in the auction was equal to 94%, the ministry said in a statement 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 April 14, 2010.

In the previous auction of six-month T-bills held on October 8 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 October 20, October 21, and October 22 respectively.

(1 euro= 93.2018 dinars)