Serbia sold out a RSD 10bn (EUR 89mn) issue of 53-week Treasury notes on May 15, the finance ministry's treasury department said in a statement. Investors bought 1,000,000 securities at an annual yield of 12.58%, up from 12.5% in the previous 53-week T-notes auction held in April. The newly sold T-notes mature on May 23, 2013. In April, the ministry sold out a RSD 10bn issue of 53-week T-note as well. The ministry has said it plans to sell dinar-denominated debt paper worth a nominal RSD 34.3bn in May. It sold EUR 32.88bn worth of short-term debt paper denominated in dinars in April, below its RSD 51bn target. |
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