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Serbia to auction 54 bln dinars (460 mln euro) of 2025 T-notes on Sept 21

Author Radomir Ralev
Serbia to auction 54 bln dinars (460 mln euro) of 2025 T-notes on Sept 21 Source: Statistical Office of the Republic of Serbia

BELGRADE (Serbia), September 17 (SeeNews) - Serbia's finance ministry said it will offer 54 billion dinars ($541 million/460 million euro) of five-and-a-half-year Treasury notes at an auction on September 21 in a reopening of the issue.

The T-notes carry a coupon of 3.0% paid annually and will mature on July 30, 2025, the finance ministry said in a statement.

The Treasury notes were first auctioned on January 28 when the government sold securities with a par value of 12.3 billion dinars of the 100 billion dinars issue.

(1 euro = 117.427 dinars)

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