Serbia sells 105 mln euro worth of 12-yr T-bonds at 7.1% yield

by Cristian Florescu

Serbia’s finance ministry said it raised 12.35 billion dinars ($112.3 million/105.3 million euro) in reopening an issue of twelve-year Treasury bonds.

The yield to maturity came at 7.10% in the auction, with coupon payments due semi-annually, the ministry said in a press release.

Serbia last auctioned twelve-year domestic bonds in January, when it sold 10.13 billion dinars worth of government paper at a 7.15% yield to maturity.

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