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Serbia sells 6.33 bln dinars (51.5 mln euro) in 7-yr T-bonds

Dec 17, 2014, 12:30:48 PMNews by : Djordje Daskalovic
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BELGRADE (Serbia), December 17 (SeeNews) – Serbia sold on Wednesday 6.33 billion dinars ($64.3 million/51.5 million euro) in seven-year Treasury bonds, equal to 100% of its offer, the finance ministry's treasury department said.

Serbia sells 6.33 bln dinars (51.5 mln euro) in 7-yr T-bonds
Hirurg/Shutterstock.com

The treasury department said in a statement it sold the T-bonds at an annual yield of 11.99%, up from 11.79% yield achieved in the previous auction of seven-year T-bonds held on September 9.

The government paper will mature on September 11, 2021.

(1 euro=122.8098 Serbian dinars)

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