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BELGRADE (Serbia), April 22 (SeeNews) – Serbia's finance ministry said on Monday it sold below target 9.95 million euro ($11.2 million) of five-year euro-denominated Treasury notes in a reopening of the issue.
The yield came in at 1.70%, down from 1.74% at the previous auction of the issue, held on February 27, the ministry said in a statement.
Demand for the government debt paper, which matures on January 31, 2024, stood at 10 million euro. Serbia targeted to raise 50 million euro.
Details follow (in millions of euro):
|Apr 22||Feb 27|
|Total bids placed||10.013||18.938|
($ = 0.88876 euro)