July 30 (SeeNews) - Serbia's finance ministry said it will offer 36.8 billion dinars ($348.4 million/312.6 million euro) of seven-year Treasury notes at an auction on August 6 in a reopening of the issue.
The T-notes will carry a coupon of 4.5% paid annually and will mature on January 11, 2026, the finance ministry said in a statement.
The finance ministry targets the sale of T-notes with a par value of 15 billion dinars at the auction.
The Treasury notes were first auctioned on January 9 when the government sold securities with a par value of 18.4 billion dinars of the 150 billion dinars issue.
(1 euro = 117.712 dinars)