August 20 (SeeNews) - Serbia’s Finance Ministry said on Thursday it sold out a 5.0 billion dinar ($76.4 million/53.7 million euro) offer of six-month Treasury bills.
The average accepted price in the auction was equal to 94.21% of par and the accepted interest rate was 12.15%, the ministry said in a statement on its website.
The ministry sold 500,000 T-bills with a nominal value of 10,000 dinars each, it added. The government securities will mature on February 18.
In the previous auction of six-month T-bills held on August 13 the ministry sold out 3.0 billion dinars worth of government securities at an annual interest rate of 12.19%.
Serbia holds scheduled auctions of six-month T-bills every week on Thursdays and of three-month T-bills on Tuesdays. The next auctions of three-month and six-month T-bills will be held on August 25 and August 27, respectively.
(1 euro=93.1726 dinars)