March 2 (SeeNews) - Serbia sold on Friday 800 million dinars ($6.8 million/6.5 million euro) worth of six-month Treasury bills, equal to 26.67% of its offer, the finance ministry said.
The annual yield on the issue fell to 2.64% from 2.65% achieved at the previous auction of six-month dinar-denominated T-bills held on September 1, the ministry said in a statement.
The government paper will mature on August 31, 2017.
Details of the last two auctions of Serbian six-month T-bills follow:
|
March 2 |
September 1 |
Amount offered (bln dinars) |
3.0 |
3.0 |
Amount sold (bln dinars) |
0.8 |
0.69 |
Total bids placed (bln dinars) |
1.0 |
3.04 |
Bid-to-cover ratio |
1.25 |
4.4 |
Yield |
2.64% |
2.65% |
(1 euro = 123.660 dinars)