spot_img
Supported byspot_img

The state has sold eight-year bonds in the amount of 41.5 billion dinars

The Republic of Serbia has sold eight-year government bonds amounting to 41.5 billion dinars in an auction, as announced by the Public Debt Administration.

On Monday, the issuance of eight-year government bonds of the Republic of Serbia was reopened, maturing on October 26, 2031, initially issued on October 24, 2023.

The auction volume amounted to 44,419,470,000 dinars with a coupon rate of 7.00 percent.

Supported by

The total demand volume was 42,941,200,000 dinars.

A total of 4,154,115 government bonds were issued, with a nominal value of 41,541,150,000 dinars.

The government bonds were sold at a yield rate of 6.12 percent annually, or at a price of 10,721.06 dinars.

Supported by

Coupon payments at a rate of 7.00 percent will be made annually, each on October 26, until the maturity date.

Sign up for business updates & specials

Suppported byOwner's Engineer

Serbia to lead region in foreign direct investments by year’s end

Serbia is poised to become the regional leader in foreign direct investments (FDI) by the end of the year, according to Minister of Economy,...

President announces increased pensions, higher minimum wage and public sector salaries for 2024

Serbian President Aleksandar Vučić has announced a series of economic measures aimed at improving the financial situation of citizens in the coming months. In...

Potential US sanctions on Serbia’s oil industry could impact regional stability, experts suggest solutions

The looming US sanctions against Serbia's Oil Industry (NIS), which is majority-owned by Russian companies Gazpromneft and Gazprom, could have far-reaching consequences not only...
Supported byspot_img
Supported byspot_img
Supported byspot_img
error: Content is protected !!