BELGRADE (Serbia), July 21 (SeeNews) – Serbia's finance ministry said on Tuesday it sold 6.4 billion dinars ($62.3 million/54.4 million euro) of five-and-a-half-year Treasury bonds in a reopening of the issue.
The yield came in at 2.6%, the same as the yield achieved at the previous auction of the 100 billion dinars issue, held on June 23, the ministry said in a statement.
Demand for the government debt paper, which matures on July 30, 2025, stood at 8.4 billion dinars.
Details follow:
|
July 21 |
June 23 |
Amount offered (bln dinars) |
54.554 |
65.167 |
Amount sold (bln dinars) |
6.381 |
10.613 |
Total bids placed (bln dinars) |
8.381 |
28.578 |
Bid-to-cover ratio |
1.31 |
2.69 |
Yield |
2.6% |
2.6% |
(1 euro = 117.645 dinars)