BELGRADE (Serbia), August 25 (SeeNews) – Serbia's finance ministry said on Tuesday it sold 3.5 billion dinars ($35.1 million/29.7 million euro) of five-and-a-half-year Treasury bonds in a reopening of the issue.
The yield came in at 2.6%, the same as the yield achieved at the previous successful auction of the 100 billion dinars issue, held on July 21, the ministry said in a statement.
Demand for the government debt paper, which matures on July 30, 2025, stood at 3.5 billion dinars.
Details follow:
|
Aug 25 |
Jul 21 |
Amount offered (bln dinars) |
48.172 |
54.554 |
Amount sold (bln dinars) |
3.538 |
6.381 |
Total bids placed (bln dinars) |
3.538 |
8.381 |
Bid-to-cover ratio |
1.0 |
1.31 |
Yield |
2.6% |
2.6% |
(1 euro = 117.949 dinars)