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New auction of five-year Serbian bonds

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The Public Debt Administration announced that the issue of five-year government bonds of the Republic of Serbia, which matures on July 30, 2025, was reopened on Tuesday.
It was first broadcast on January 28, 2020.
The volume of the auction amounted to 736 million euros with a coupon rate of 3 percent.
The total volume of demand amounted to 131 million euros, and 954,433 government bonds were sold, with a nominal value of 80.8 million euros.
The decision to amend the decision on the issue of long-term government securities increased the volume of the issue by an additional 423 million euros, so that the total volume of the issue is 1,2 billion euros.
Government bonds were sold at a yield rate of 2.23 percent on an annual level, and they are due for payment on July 30, 2025.
Payment of coupons in the amount of 3 percent will be made semi-annually, every January 30 and July 30 until the due date, Nova Ekonomija reports.

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