Serbia continues development of state-owned securities market - Indebtness at local market leads to funds

Source: Tanjug Tuesday, 19.01.2016. 18:23
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Acting manager at the Public Debt Directorate, Branko Drcelic, has said today in Vienna that the essence of the strategy of Serbia is to continue developing local market of securities.

In speaking at the traditional banking conference "Euromoney", Drcelic said the initial plan for this year is to collect major part of funds through emissions of long-term securities at local financial market where favorable trends in debt costs should be exploited.

He specified that last year, total needs for funding were implemented 90% at local financial market.

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