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HomeEconomySerbia Sells 48.5 mln Euro of 12-yr T-Bonds at 6.75% Yield

Serbia Sells 48.5 mln Euro of 12-yr T-Bonds at 6.75% Yield

(SeeNews) – Serbia’s finance ministry said on Tuesday it raised 5.7 billion dinars ($52.9 million/48.5 million euro) in a reopening of an issue of twelve-year Treasury bonds.

The yield to maturity came in at 6.75% at the auction, with coupon payments due semi-annually, the finance ministry said in a press release.

Serbia last auctioned twelve-year domestic bonds in March, when it sold 11.2 billion dinars worth of government paper at 6.95% yield to maturity.

Auction dateApr 11, 2023Mar 7, 2023
Maturity dateAug 20, 2032Aug 20, 2032
Amount offered (mln dinars)16,33327,520
Amount sold (mln dinars)5,68511,187
Total bids placed (mln dinars)5,68511,187
Coupon interest rate4.50%4.50%

1 euro = 117.386 dinars

Source : SeeNews

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