Serbia went into 26,5 million EUR debt with sale of bonds

Source: Beta Tuesday, 29.07.2014. 15:44
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At the today's auction of two-year state bonds of Serbia, it was sold 53.08% of the emission volume in the value of around 26.5 million EUR, as it was announced by the Department of the Ministry of Finance and Public Debt.
According to the statement on the website of this Department (javnidug.gov.rs), government bonds were sold at a rate of 4% yearly income and will reach payment on July 31, 2016.

Demand for the bonds was 44.12 million EUR, or 88.24% of the emission volume of 50 million EUR.
The next auction of government securities is scheduled for August 7, when it will be offered for sale a three-month bills in dinars, the total value of three billion.
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