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Serbia to auction 1.9 bln dinars (16 mln euro) of 2-yr T-notes on Oct 15

Oct 12, 2020, 11:29:47 AMArticle by Radomir Ralev
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October 12 (SeeNews) - Serbia's finance ministry said it will offer 1.9 billion dinars ($19 million/16 million euro) of two-year Treasury notes at an auction on October 15 in a reopening of the issue.

Serbia to auction 1.9 bln dinars (16 mln euro) of 2-yr T-notes on Oct 15
Source: Statistical Office of the Republic of Serbia

The T-notes will carry a coupon of 1.7% paid annually and will mature on May 7, 2022, the finance ministry said in a statement.

The finance ministry targets the sale of all outstanding of the 50 billion dinars issue, first auctioned on May 5.

(1 euro = 117.569 dinars)

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