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Serbia to auction 23.9 bln dinars (203 mln euro) of 2-yr T-notes on May 27

Author Radomir Ralev
Serbia to auction 23.9 bln dinars (203 mln euro) of 2-yr T-notes on May 27 Source: Statistical Office of the Republic of Serbia

BELGRADE (Serbia), May 22 (SeeNews) - Serbia's finance ministry said it will offer 23.9 billion dinars ($222 million/203 million euro) of two-year Treasury notes at an auction on May 27 in a reopening of the issue.

The T-notes will carry a coupon of 1.7% paid annually and will mature on May 7, 2022, the finance ministry said in a statement.

The finance ministry targets the sale of T-notes with a value of at least 7 billion dinars at the auction.

(1 euro = 117.611 dinars)

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