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Serbia to auction 179.9 mln euro of 5-yr T-notes on May 23

Author Radomir Ralev
Serbia to auction 179.9 mln euro of 5-yr T-notes on May 23 Gena96/Shutterstock.com

BELGRADE (Serbia), May 22 (SeeNews) – Serbia's finance ministry said it will offer 179.9 million euro ($200.9 million) of five-year Treasury notes at an auction on May 23 in a reopening of the issue.

The T-notes carry a coupon of 1.75% paid annually and will mature on January 31, 2024, the finance ministry said in a statement.

The finance ministry targets the sale of T-notes with a par value of 50 million euro at the auction.

($ = 0.895496 euro)

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