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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.
|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|