Government of Serbia announced new issue of short-term state bonds

The Government of Serbia has made the decision about two new issues of state bonds of 1 billion CSD each, which will be used by Republic of Serbia for refinancing.

In the decision of the Government, which was signed by the Prime Minister Vojislav Koštunica, it is stated that the first auction of the first issue of short-term state bonds in total amount of 1 billion CSD will be held on November 27, 2006. The maturity date in that case is February 6, 2007.

The auction for the second issue of the state bonds will be held on November 21, also, in total amount of 1 billion CSD and with the maturity date prior to February 20, 2007.

The individual amount of one state bond is 10,000 CSD.