BELGRADE (Serbia), January 19 (SeeNews) – Serbia's finance ministry said it sold 27.6 billion dinars ($284 million/234 million euro) worth of twelve-and-a-half-year Treasury bonds on Tuesday in a reopening of the issue.
The yield came in at 3.44%, down from the 3.85% yield achieved at the last auction of the issue held on December 1, the ministry said in a statement.
Demand for the government debt paper, which matures on August 20, 2032, stood at 40.9 billion dinars.
Details follow (in billions of dinars):
|
Jan 19 |
Dec 1 |
Amount offered |
30.89 |
24.363 |
Amount sold |
27.595 |
7.673 |
Total bids placed |
40.883 |
46.047 |
Bid-to-cover ratio |
1.48 |
6.0 |
Yield |
3.44% |
3.85% |
(1 euro = 118.046 dinars)