Admission of EBRD dinar-denominated bonds to BELEX Prime Listing on December 15

Source: eKapija Wednesday, 14.12.2016. 11:17
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The Belgrade Stock Exchange has reported that the admission of long-term EBRD bonds issue to the Prime Listing will occur on Thursday, December 15.

The European Bank for Reconstruction and Development is the first financial organization to issue RSD-denominated bonds in the Serbian market, 250 of them, in the amount of RSD 2.5 billion.

The bonds were issued for a period of three years with a variable interest rate defined as three-month BELIBOR, a reference rate for RSD assets in the Serbian interbank market, plus 0.4 basis. The interest on the bonds will be paid on a quarterly basis as of March 2017, Wisebroker reports.
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