BELGRADE (Serbia), April 24 (SeeNews) – Serbia finance ministry said on Monday it sold three-year Treasury notes with a nominal value of 42.1 million euro ($45.8 million) as it reopened an issue of government securities first auctioned on January 11.
The yield on the government securities remained unchanged at 1.89% from the one achieved at the previous auction of the issue, the ministry said in a statement.
The market value of the notes sold on Monday came in at 42.4 million euro.
Demand for the T-notes, which mature on January 13, 2020, totalled 55.2 million euro.
Details follow (in millions of euros):
|
2016 |
2015 |
Amount offered (bln dinars) |
42.072 |
100 |
Amount sold (bln dinars) |
42.072 |
57.928 |
Total bids placed (bln dinars) |
55.183 |
91.922 |
Bid-to-cover ratio |
1.31 |
1.59 |
Yield |
1.89% |
1.89% |
($ = 0.919951 euro)