Serbia sells RSD 10 billion worth of 53-week T-bills

Serbia sold on Tuesday 10 billion dinars ($114.7 million/88.9 million euro) in 53-week Treasury bills, equal to 100% of its offer, the finance ministry's treasury department said.

The treasury department said in a statement it sold a total of 1,000,000 T-bills at an annual yield of 9.58%, down from the 9.95% achieved at its last auction of 53-week T-bills held on March 26.

The government paper will mature on April 17, 2014.