Treasury notes sold for RSD 2.99 billion - Interest rate of as much as 7.5%

Source: Beta Thursday, 06.02.2014. 16:09
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The Public Debt Administration sold 99.96% of the offered three-month treasury notes for a total of RSD 2.99 billion at today's auction, the Serbian Finance Ministry announced in a release.

These securities have an annual interest rate of 7.5 percent and are set to mature on 8 May 2014.

The next auction is scheduled for February 11 when two-year T-notes worth a total of RSD 10 billion will go on auction block.

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