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The Republic of Serbia sold 12-year government bonds at an auction in the amount of 12.35 billion dinars - Serbia Business

The Republic of Serbia sold 12-year government bonds at an auction in the amount of 12.35 billion dinars

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Issue of 12-year government bonds of the Republic of Serbia maturing on August 20, 2032. , first broadcast on February 18, 2020, was reopened on Tuesday.

The volume of the auction was 39,871,590,000 dinars with a coupon rate of 4.50 percent.

The total volume of demand was 12,351,290,000 dinars, and 1,235,129 government bonds were realized, with a nominal value of 12,351,290,000 dinars.

Government bonds were sold at an annual yield of 7.10 percent, and they mature on August 20, 2032.

The coupon payment in the amount of 4.50 percent will be made semi-annually, every February 20 and August 20 until the due date.

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