Serbia today issued a debut 10-year dinar-denominated bond, registering record demand in the domestic market, which outstripped both the issue amount and sales plan, the Ministry of Finance said in a statement.
Q:
A:
Demand for dinar bonds exceeds issue amount, sales plan
Belgrade,
23 January 2025
The 10-year bond issue volume amounts to RSD 120 billion, with the maturity date of 27 July 2035.
A total of RSD 111.33 billion was raised from bidding investors, with a yield rate of 5.25%, which corresponds to the annual coupon rate.
Foreign investors’ conspicuous participation in the auction, of over 40%, demonstrates their interest in state securities, particularly those with long terms to maturity, and presence in the Republic of Serbia’s capital market.
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