Serbia sells 4.5 bln dinars (38 mln euro) of 7-yr T-notes, yield drops - table

The average yield amounted to 2.69%, down from 3.4% achieved at the last auction held on October 1, when the government sold securities with a par value of 17.3 billion dinars of the 150 billion dinars issue, the finance ministry said in a statement.

The T-notes carry a coupon of 4.5% paid annually and will mature on January 11, 2026.

Details follow:

(1 euro = 117.460 dinars)