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Serbia sells 50.6 mln euro in 3-yr T-bonds, yield declines – table

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Serbia sold on Monday 43.4 million euro ($46 million) in three-year euro-denominated Treasury bonds, equal to 43.99% of target, the finance ministry said.

The yield on the T-bonds dropped to 1.65% from 2.59% achieved at the previous auction of government securities of the same issue held on June 22, 2016, the department said in a statement.

The government securities sold on Monday are part of a 150 million euro issue offered on June 22. The government sold 51.36 million euro worth of debt paper in first auction and offered the remaining 98.64 million euro on Monday.

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