Large Number of Corporate Bonds Expected from January 1, Serbia to Carry Cost of Issue

The minister of finance of Serbia, Sinisa Mali, stated today that the issuing of a large number of corporate bonds, issued by companies, was expected from January 1, 2024.

– From January 1, 2024, we expect the issuing of a large number of corporate bonds, and the state of Serbia will support that initiative and carry the cost of the issue – Mali said at the session of the National Assembly of Serbia where the 2024 Serbian Budget Bill is discussed.

He added that the state, by accepting the costs of issuing corporate bonds, wanted to stimulate companies to seek new sources of finance without it being a commercial bank.

He said that legal and natural persons, local and foreign persons, had the right to buy corporate bonds, without any limitations.

A big advantage for them, as he said, is that the purchasers of government bonds are exempt from capital gains tax.

The bonds, according to him, are listed on the stock exchange and are liquid and when someone wants to sell them, they can do so at the exchange market.

– That way, we have incited the citizens of Serbia and companies to invest part of the free money in what brings them the desired profit – Mali said.

Ministarstvo finansija Republike Srbije

Siniša Mali

corporate bonds