Serbia sells 68 mln euro of 2-yr T-notes at 5.28% yield

by Cristian Florescu

On Tuesday, the finance ministry of Serbia announced that they had successfully reopened the issue of two-year Treasury notes and raised 8 billion dinars ($73.5 million/68.2 million euro).

Yield to maturity came in at 5.28% at the auction, with coupon payments due annually, the finance ministry said in a press release.

Serbia last auctioned two-year T-notes in April, selling 28.3 billion dinars worth of government paper at a 5.48% yield to maturity.

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