August 18 (SeeNews) - Serbia’s Finance Ministry said on Tuesday it sold out a 6.0 billion dinar ($90.6 million/64.3 million euro) offer of three-month Treasury bills.
The average accepted price in the auction was equal to 97% of par and the accepted interest rate was 12.15%, the ministry said in a statement posted on its website.
The ministry sold 600,000 T-bills with a nominal value of 10,000 dinars each, it added. The government securities will mature on November 17.
In the previous auction of three-month T-bills held on August 11 the ministry sold out its entire 5.0 billion dinar offer at an annual interest rate of 12.19%.
Serbia holds scheduled auctions of three-month T-bills every week on Tuesdays and of six-month T-bills on Thursdays.
The next auctions of three-month and six-month T-bills will be held on August 20 and August 25, respectively.
(1 euro= 93.3794 Serbian dinars)