BELGRADE (Serbia), November 21 (SeeNews) – Serbia's finance ministry said on Tuesday it sold its entire offer of 50 million euro ($58.6 million) of five-year euro-denominated Treasury notes.
The yield came in at 2.38%, down from 2.60% at the last auction of five-year euro T-notes held on July 20, the ministry said in a statement.
Demand for the government debt paper, which matures on November 24, 2022, stood at 99.2 million euro.
Details follow:
| |
November 21 |
July 20 |
| Amount offered (mln euro) |
50.0 |
75.0 |
| Amount sold (mln euro) |
50.0 |
75.0 |
| Total bids placed (mln euro) |
99.221 |
97.96 |
| Bid-to-cover ratio |
1.98 |
1.3 |
| Yield |
2.38% |
2.60% |
(1 euro = 118.785 dinars)