BELGRADE (Serbia), February 1 (SeeNews) – Serbia sold on Thursday 26 million euro ($32.3 million) in two-year euro-denominated Treasury notes, equal to 52% of its offer, the finance ministry said.
The yield on the T-notes fell to 0.96% from 0.99% achieved at a previous auction of a similar issue held on September 14, the ministry said in a statement.
The paper will mature on February 5, 2020.
Details follow:
|
Feb 1 |
Sep 14 |
Amount offered (mln euro) |
50 |
50 |
Amount sold (mln euro) |
26.0 |
26.8 |
Total bids placed (mln euro) |
28.0 |
26.8 |
Bid-to-cover ratio |
1.08 |
1.0 |
Yield |
0.96% |
0.99% |
($=0.8037 euro)