BELGRADE (Serbia), January 19 (SeeNews) – Serbia's finance ministry said on Friday it sold 80.3 million euro ($98 million) of five-year euro-denominated Treasury notes, below target.
The yield came in at 1.95%, down from 2.38% at the last auction of five-year euro T-notes held on November 21, the ministry said in a statement.
Demand for the government debt paper, which matures on January 23, 2023, stood at 166.1 million euro.
Details follow:
|
9-mo'17 |
9-mo'16 |
Amount offered (mln euro) |
100.0 |
50.0 |
Amount sold (mln euro) |
80.3 |
50.0 |
Total bids placed (mln euro) |
166.1 |
99.221 |
Bid-to-cover ratio |
2.07 |
1.98 |
Yield |
1.95% |
2.38% |
($=0.8157 euro)