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Serbia sells 50 mln euro in 53-week T-bills

Dec 29, 2014, 12:44:03 PMArticle by Djordje Daskalovic
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BELGRADE (Serbia), December 29 (SeeNews) – Serbia sold on Monday 50 million euro ($61 million) in 53-week Treasury bills, equal to 100% of its offer, the finance ministry's public debt administration said.

Serbia sells 50 mln euro in 53-week T-bills
Bragin Alexey/Shutterstock.com

The debt administration said in a statement it sold the T-bills at an annual yield of 2.5%, down from the 2.8% achieved at the last 53-week euro T-bills auction held on November 18.

The government paper will mature on January 11, 2016.

($=0.8195 euro)

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