Serbia to issue bonds worth EUR 200 million and RSD 25 billion

The Government of Serbia has reached the decisions according to which the state will issue bonds in the amount of EUR 200 million by the end of the year for the purpose of financing the budget deficit and refinancing immediate public debt liabilities.

The four decision on volumes of EUR 50 million each, published in the Official Gazette, state that the bonds will be issued on November 20 and 21 and December 5 and 21.

The three-year bonds to be issued on November 20 and December 21 will be offered at the annual nominal interest rate of 1.5%.

The five-year bonds to be issued on November 21 will have an annual coupon rate of 2.25%.

The Government decided to offer t-bills on December 5.

Aside from foreign exchange securities, the Government also decided to issue two-year dinar-denominated bonds in the total amount of RSD 25 billion, at an annual interest rate of 3.5%.

Vlada Republike Srbije

Government of Serbia

budget deficit

bonds

securities

five year bonds

t bills

dinar denominated bonds

foreign exchange bonds

euro denominated bonds