December 6 (SeeNews) - Serbia's finance ministry said on Tuesday it raised 3.17 billion dinars ($28.7 million/27.3 million euro) in a reopening of an issue of ten-year Treasury bonds, less than half of its offer of 7.84 billion dinars.
The yield in the auction came in at 6.75%, the ministry said in a press release.
At the latest auction for ten-year Serbian Treasury bonds held on October 4 the yield stood at 6.8%.
Demand for the government debt paper totalled 3.17 billion dinars.
The Treasury bonds carry a coupon of 5.875% paid annually and will mature on February 8, 2028.
Auction date |
December 6, 2022 |
Maturity date |
February 8, 2028 |
Amount offered (mln dinars) |
3,167 |
Amount sold (mln dinars) |
7,836 |
Total bids placed (mln dinars) |
7,836 |
Coupon interest rate |
5.875% |
(1 euro = 117.289 dinars)