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The state collected another 22.3 billion dinars through bonds

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On Tuesday, the Public Debt Administration sold two-year bonds from the reopened issue that mature on January 25, 2025.

The volume of the auction was 72.8 billion dinars with a coupon rate of five percent, while the volume of demand was 26.6 billion dinars, and 2.23 million pieces of bonds were sold, with a nominal value of 22.3 billion dinars.

Government bonds, as announced by the Public Debt Administration, were sold at a yield rate of 5.85 percent on an annual basis, and the coupon payment in the amount of five percent will be made annually, every January 25 until the maturity date.

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With that auction, the auction plan for February was fulfilled, and the Public Debt Administration announced two bond auctions for March.

The first is scheduled for March 7, when 12.5-year dinar bonds with a coupon rate of 4.5 percent will be offered. The planned volume of sales is 10 billion dinars.

Bonds denominated in euros will be on the market on March 23. An auction of two-year bonds with a coupon of five percent is scheduled for that day, and the planned volume of sales is 30 million euros.

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