January 18 (SeeNews) - Serbia sold on Thursday 49 million euro ($60 million) worth of 53-week Treasury bills, the finance ministry said.
The annual yield on the issue settled at 0.47%, below the 0.48% achieved at the previous auction of 53-week dinar-denominated T-bills held on December 6, the ministry said in a statement.
The government paper will mature on January 28, 2019.
Details of the last two auctions of Serbian 53-week T-bills follow:
|
Jan 18 |
Dec 6 |
Amount offered (mln euro) |
50.0 |
50.0 |
Amount sold (mln euro) |
48.764 |
50.0 |
Total bids placed (mln euro) |
49.0 |
77.0 |
Bid-to-cover ratio |
1.005 |
1.54 |
Yield |
0.47% |
0.48% |
($ = 0.816596 euro)