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)