BELGRADE (Serbia), April 19 (SeeNews) – Serbia's finance ministry said it will offer 189.8 million euro ($213.5 million) of five-year Treasury notes at an auction on April 22 in a reopening of the issue.
The T-notes carry a coupon of 1.75% paid annually and will mature on January 31, 2024, the finance ministry said in a statement.
The finance ministry targets the sale of T-notes with a par value of 50 million euro at the auction.
The Treasury notes were first auctioned on January 29 when the government sold securities with a par value of 53.2 million euro of the 250 million euro issue. Back then, the notes yielded 1.75%. On February 27, Serbia sold below target 18.92 million euro at a yield of 1.74%.
($ = 0.889096 euro)