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Serbia to redeem early 10 bln dinars (85 mln euro) of 3-yr T-notes

Author Radomir Ralev
Serbia to redeem early 10 bln dinars (85 mln euro) of 3-yr T-notes Source: Statistical Office of the Republic of Serbia

BELGRADE (Serbia), July 28 (SeeNews) - Serbia's finance ministry said it plans to redeem early 10 billion dinars ($100 million/85 million euro) of three-year Treasury notes maturing in January 2022 on August 2.

The government securities that the finance ministry plans to repurchase are part of a 100 billion dinars issue carrying an annual coupon of 3.75%, it said in a notice.

The Treasury notes were issued on January 15, 2019.

In March 2020, the finance ministry repurchased Treasury notes worth 5.2 billion dinars of the issue. The outstanding value of the issue currently stands at 91.7 billion dinars.

(1 euro = 117.570 dinars)

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