July 25 (SeeNews) - Serbia sold on Tuesday 7.4 billion dinars ($71.5 million/61.4 million euro) in seven-year Treasury bonds, equal to 27.26% of its offer, the finance ministry’s said.
The notes, which bear an annual coupon of 5.75% and mature on July 21, 2023, were sold at a yield of 5.60%, down from 5.98% achieved in the previous auction of the issue held on July 19 last year.
Demand for the T-bonds was 7.7 billion dinars.
|
July 25'17 |
July 19'16 |
Amount offered (bln dinars) |
27.2 |
110 |
Amount sold (bln dinars) |
7.4 |
28.3 |
Total bids placed (bln dinars) |
7.7 |
41.5 |
Yield |
5.60% |
5.98% |
(1 euro = 120.545 dinars)