The Public Debt Administration of the Ministry of Finance announced that the issue of twelve-year government bonds of the Republic of Serbia, which matures on August 20, 2032, has been reopened.
By amending the decision on the issue of long-term government securities, the volume of the issue was increased by an additional 416 million euros, so that the total volume of the issue now amounts to 1.2 billion euros, it is stated on the website of the Public Debt Administration.
As it is reminded, that issue of government bonds was issued for the first time on February 18, 2020, and the volume of the auction amounted to 555 million euros with a coupon rate of 4.5 percent.
The total volume of demand amounted to 340 million euros, and 2,759,478 government bonds were sold, with a nominal value of 229 million euros.
Government bonds were sold at a yield rate of 3.44 percent on an annual level, and they fall due on August 20, 2032.
Payment of coupons in the amount of 4.5 percent will be made semi-annually, every February 20 and August 20 until the due date, Danas reports.
