•  
  •  
  •  

Serbia sells below target 39.3 mln euro of 5-yr T-bonds, yield drops - table

Serbia sells below target 39.3 mln euro of 5-yr T-bonds, yield drops - table Source: Group of States against Corruption (GRECO)

BELGRADE (Serbia), April 16 (SeeNews) – Serbia's finance ministry said on Monday it sold below target 39.3 million euro ($48.6 million) of five-year euro-denominated Treasury notes, or 52.41% of the planned amount.

The yield came in at 1.78%, 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 April 18, 2023, stood at 60.3 million euro. Serbia had targeted to raise 75 million euro.

Details follow:

  Apr 16 Nov 21
Amount offered (mln euro) 75.00 50.00
Amount sold (mln euro) 39.31 50.00
Total bids placed (mln euro) 60.31 99.22
Yield 1.78% 2.38%

($=0.8089 euro)

Compare
5 / 5 free articles left this month
Get more for free. Sign up for Basic subscription
Get full access. Upgrade to Premium subscription