March 20 (SeeNews) - Serbia sold on Monday 30 million euro ($32.2 million) worth of 53-week Treasury bills, equal to 60.03% of its offer, the finance ministry said.
The annual yield on the issue fell to 0.74% from 0.78% achieved at the previous auction of 53-week dinar-denominated T-bills held on January 12, the ministry said in a statement.
The government paper will mature on March 28, 2018.
Details of the last two auctions of Serbian 53-week T-bills follow:
|
March 20 |
January 12 |
Amount offered (mln euro) |
50 |
50 |
Amount sold (mln euro) |
30.014 |
22.949 |
Total bids placed (mln euro) |
37.014 |
39.433 |
Bid-to-cover ratio |
1.23 |
1.7 |
Yield |
0.74% |
0.78% |
($ = 0.930334 euro)