BELGRADE (Serbia), January 23 (SeeNews) – Serbia's finance ministry said on Wednesday it raised 64.2 million euro ($73 million) from the sale of three-year Treasury notes, below its target of 200 million euro.
The yield on the issue rose to 1.25%, up from 1.20% at the previous auction of euro-denominated three-year Treasury notes held on April 20, the finance ministry said in a statement.
Demand for the T-notes, which will mature on January 25, 2022, totalled 73.2 million euro.
Details follow (in millions of euro):
|
January 23 |
April 20 |
Amount offered |
200.0 |
75.0 |
Amount sold |
64.202 |
26.972 |
Total bids placed |
73.202 |
27.972 |
Bid-to-cover ratio |
1.14 |
1.04 |
Yield |
1.25% |
1.20% |
($ = 0.879721 euro)