Serbia has sold a RSD 2.23bn (EUR 20.5mn) issue of 24-month Treasury notes, or 44.7% of the total on offer, the finance ministry's treasury department said. The ministry sold a total of 223,411 securities at an auction on February 22, yielding an annual 13.25%. The sold T-notes mature on February 21, 2014. The ministry sold securities worth RSD 7.82bn in its previous 24-month T-notes auction held on January 31, yielding an annual 13.09%. The treasury has said it targets selling RSD 46bn of short-term debt paper in February after planning to place RSD 34.3bn in January. |
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