The first auction of two-year government bonds of Serbia was held

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The first auction of two-year government bonds of the Republic of Serbia, which matures on January 20, 2024, was held yesterday.
The volume of the auction amounted to 500 million euros with a coupon rate of 2.75%, while the planned volume of sales amounted to 85 million euros, he stated on the website of the Public Debt Administration.
The total volume of demand at the auction amounted to 85.7 million euros. 992,135 pieces of government bonds were sold, with a nominal value of 84 million euros.
Government bonds were sold at a yield rate of 2.75% annually, and are due on January 20, 2024. Payment of coupons in the amount of 2.75% will be made annually, every January 20 until the due date, eKapija reports.