BELGRADE (Serbia), August 24 (SeeNews) – Serbia sold on Wednesday 50 million euro ($56.4 million) in 53-week Treasury bills, in line with its target, the finance ministry's public debt administration said.
The yield on the T-bills slipped to 0.79% from 0.85% at the previous 53-week euro-denominated T-bill auction held on June 20.
The government paper will mature on September 1, 2017.
|
August 24 |
June 20 |
Amount offered (mln euro) |
50 |
75 |
Amount sold (mln euro) |
50 |
75 |
Total bids placed (mln euro) |
55.2 |
96.7 |
Bid-to-cover ratio |
1.1 |
1.3 |
Yield |
0.79% |
0.85% |
($=0.8866 euro)