BELGRADE (Serbia), March 27 (SeeNews) – Serbia's finance ministry said on Tuesday it raised 9.0 billion dinars ($94.3 million/75.9 million euro) at an auction of five-year Treasury notes in a reopening of the issue, well below its target of 62.2 billion dinars.
The yield fell to 4.15%, slightly down from 4.20% at the previous auction of the issue held on March 13, the finance ministry said in a statement.
The government debt paper matures on January 25, 2023.
Details follow:
|
Mar 27 |
Mar 13 |
Amount offered (bln dinars) |
62.208 |
73.640 |
Amount sold (bln dinars) |
8.979 |
11.433 |
Total bids placed (bln dinars) |
9.279 |
12.033 |
Bid-to-cover ratio |
1.03 |
1.05 |
Yield |
4.15% |
4.20% |
(1 euro = 118.500 dinars)