Reopening of 395. Government Securities of the Republic of Serbia
ON NOVEMBER 29, 2011, 43,7% OF THE ISSUANCE VOLUME SOLD

Belgrade, November 29, 2011

143.840 T-Bills were sold at the total nominal value of RSD 1.438.400.000,00 , which represents 43,7% of the total issuance volume, at the reopening auction of 24 month government securities of the Republic of Serbia, held on November 29, 2011.

The securities were sold at the interest rate of 13,25% p.a. and will mature on July  4th, 2013.