Serbia sells ten-year gov't bonds for 3.167 bln dinars

BELGRADE – The Serbian Public Debt Administration on Friday announced it had sold ten-year dinar-denominated government bonds at an auction for 3.167 bln dinars.

In a statement, the Administration said an issue of ten-year Serbian government bonds maturing on February 8, 2028 and first issued on February 6, 2018 had been reopened on December 6.

The auction volume stood at 3,167,270,000 dinars and the coupon rate was 5.875 pct.

The volume of demand totalled 7,836,600,000 dinars, and 316,727 government bonds with a nominal value of 3,167,270,000 dinars and an annual rate of return of 6.75 pct were sold at the auction.

(1 euro = 117.28 dinars)