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Serbia redeems 5 billion in government bonds early

Government bonds have been redeemed at an executive rate of 1.80 percent.

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The Republic of Serbia has redeemed early government bonds in the amount of 4.8 billion dinars, the Ministry of Finance has announced.

The auction for early redemption of 3-year dinar government bonds was held on Friday. The bonds mature on April 5, 2020, and 481,724 pieces worth a total 4,817,240,000 dinars have been redeemed.

The volume of redemption of bonds by the Republic of Serbia amounted to 7 billion dinars, while the volume of bids submitted at the auction was around 4.8 billion, or 68.82 percent of the said volume of redemption.

Video: Croatia doesn't even have a gram, while Serbia is full of this metal over which battles rage

(Telegraf Biznis/Tanjug)

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