BELGRADE (Serbia), September 17 (SeeNews) – Serbia's finance ministry sold 3.2 billion dinars ($32 million/27.2 million euro) of five-and-a-half-year Treasury bonds on September 15 in a reopening of the issue.
The yield came in at 2.65%, up from 2.6% achieved at the previous successful auction of the 100 billion dinars issue, held on August 26, the ministry said in a statement.
Demand for the government debt paper, which matures on July 30, 2025, stood at 3.2 billion dinars.
Details follow:
|
Sept 15 |
Aug 25 |
Amount offered (bln dinars) |
44.635 |
48.172 |
Amount sold (bln dinars) |
3.237 |
3.538 |
Total bids placed (bln dinars) |
3.237 |
3.538 |
Bid-to-cover ratio |
1.0 |
1.0 |
Yield |
2.65% |
2.6% |
(1 euro = 117.600 dinars)