NBS: Bonds Worth USD 1.75 Billion Issued

In the international financial market, Serbia has issued euro-denominated bonds worth a total of USD 1.75 billion.

According to the website of the National Bank of Serbia (NBS), euro-bonds with a maturity period of 5 years in the total amount of USD 750 million, with a coupon rate of 6.25%, and euro-bonds with a maturity period of 10 years, in the total amount of USD 1 billion, with a coupon rate of 6.50%, have been issued.

– The combined demand of investors for these securities exceeded the amount of USD 11 billion during the day, which is a clear confirmation of the trust of international investors in long-term healthy and sustainable indicators of our country – the governor’s cabinet said.

Serbia’s issues of euro-bonds, it is further said, can be characterized as very successful.

The interest in Serbian euro-bonds was expressed at the auction by around 500 investors from the whole world, whereby a considerable diversification of the investor base was achieved.

– A part of the collected funds will be used for the repayment of the existing debts, whereas another part would serve to secure the continued growth of our economy, whereby at no point will the sustainability of the public debt be brought into question – the NBS says on its website.

Vlada Republike Srbije

Ministarstvo finansija Republike Srbije

Narodna banka Srbije Beograd

National Bank of Serbia

issue of euro bonds

interest in Serbian bonds

repayment of debts of Serbia