Serbia sold RSD 826.5nm (EUR 7.9mn) in 18-month treasury notes at an average interest rate of 12.1%. Thus, the yield on the treasury notes increased from the previous auction, when it stood at 10.99%. The next auction for 18-month treasury notes is scheduled for August 17. |
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Serbia's foreign debt rose an annual 4.7% y/y to EUR 25.4bn at end-February after climbing 6.6% on the year in January, central bank data showed. In monthly terms, however, the external ... more
Swedish company Ericsson said it has signed a five-year managed services contract with Vip Mobile - the Serbian arm of Telekom Austria Group. The agreement includes field maintenance services for ... more
Norwegian telecommunications firm Telenor and France's Societe General are seen as possible buyers of the Serbian unit of Belgium's KBC Group, which has been on sale for several years now, a ... more