BELGRADE (Serbia), May 27 (SeeNews) – Serbia's finance ministry sold 7.7 billion dinars ($72.1 million/65.5 million euro) of two-year Treasury notes in a reopening of the issue on Wednesday.
The yield came in at 2.1%, slightly up from the 2.0% yield achieved at the first auction of the 50 billion dinars issue, held on May 5, the ministry said in a statement.
Demand for the government debt paper, which matures on May 7, 2022, stood at 7.7 billion dinars.
Details follow (in billions of dinars):
|
May 27 |
May 5 |
Amount offered |
23.898 |
50.0 |
Amount sold |
7.680 |
26.102 |
Total bids placed |
7.680 |
26.102 |
Bid-to-cover ratio |
1.0 |
1.0 |
Yield |
2.1% |
2.0% |
(1 euro = 117.632 dinars)