January 23 (SeeNews) - Serbia's finance ministry said on Monday it sold 27.2 billion dinars ($251.5/231.8 million euro) worth of two-year fixed-rate Treasury notes, as the issue was undersubscribed.
Yield in the auction came in at 5.95%, with coupon payments due annually.
Serbia last auctioned two-year T-notes in November 2022, when it sold 815 million dinars worth of government paper at 2.75% yield.
Auction date |
Jan 23, 2023 |
Nov 1, 2022 |
Maturity date |
Jan 25, 2025 |
Jan 20, 2024 |
Amount offered (mln dinars) |
100,000 |
2,730 |
Amount sold (mln dinars) |
27,156 |
814.89 |
Total bids placed (mln dinars) |
27,156 |
814.89 |
Coupon interest rate |
5.0% |
2.75% |
1 euro = 117.363 dinars