State sells 10.5-year bonds worth 11.58 billion dinars at auction

The Republic of Serbia sold 10.5-year bonds worth 11.58 billion dinars (about EUR 100.4 million) at an auction, the Public Debt Administration announced.

As specified, the issue of 10.5-year government bonds of the Republic of Serbia, which matures on July 27, 2035, was reopened on Tuesday. The auction volume amounted to 11,582,840,000 dinars with a coupon rate of 5.250%.

– The total demand volume amounted to 15,391,100,000.00 dinars. 1,158,284 pieces of government bonds were sold, with a nominal value of 11,582,840,000 dinars – the administration stated.

The government bonds were sold at a yield of 5.070% per annum, and mature on July 27, 2035.

The coupon payment in the amount of 5.250% will be made semi-annually, on each January 27 and July 27 until the maturity date.

As a reminder, in early January, the Republic of Serbia sold five-year government bonds at an auction in the amount of 51.95 billion dinars (about EUR 440 million).

Uprava za javni dug

Public Debt Administration

government bonds

sale of government bonds