September 22 (SeeNews) - Serbia's finance ministry sold 6.5 billion dinars ($65.2 million/55.3 million euro) of five-and-a-half-year Treasury bonds on September 21 in a reopening of the issue.
The yield came in at 2.05%, down from the 2.07% achieved at the previous successful auction of the 150 billion dinars issue, held on August 25, the ministry said in a statement.
Demand for the government debt paper, which matures on July 30, 2025, stood at 8.3 billion dinars.
Details follow:
|
Sept 21 |
Aug 25 |
Amount offered (bln dinars) |
54.0 |
58.993 |
Amount sold (bln dinars) |
6.542 |
4.989 |
Total bids placed (bln dinars) |
8.342 |
6.389 |
Bid-to-cover ratio |
1.28 |
1.28 |
Yield |
2.05% |
2.07% |
(1 euro = 117.440 dinars)