Serbia sells out EUR 89mn of 53-week T-notes, yields rise.

By bne IntelliNews May 16, 2012
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.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 278

Related Articles

Serbia's external debt up 4.7% y/y to EUR 25.4bn at end-Feb 2013.

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

Vip Mobile Serbia signs five-year managed services deal with Ericsson.

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

Telenor and Societe General possible buyers of Serbia's KBC Banka - report.

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