BELGRADE (Serbia), June 2 (SeeNews) – Serbia's finance ministry sold 2.5 billion dinars ($23.8 million/21.3 million euro) of three-year Treasury notes in a reopening of the issue on Tuesday.
The yield came in at 2.15%, the same as the yield achieved at the first auction of the 55 billion dinars issue, held on April 2, the ministry said in a statement.
Demand for the government debt paper, which matures on April 6, 2023, stood at 3.6 billion dinars.
Details follow (in billions of dinars):
|
June 2 |
April 2 |
Amount offered (bln dinars) |
3.267 |
55.0 |
Amount sold (bln dinars) |
2.470 |
51.733 |
Total bids placed (bln dinars) |
3.570 |
52.233 |
Bid-to-cover ratio |
1.45 |
1.0 |
Yield |
2.15% |
2.15% |
(1 euro = 117.618 dinars)