Government of Serbia adopts decision on new debt of RSD 120 billion in bonds

Serbia’s new debt is planned in the amount of RSD 120 billion, which is around EUR 1.02 billion. This pertains to long-term dinar securities which will be issued on January 23, 2025, reports N1.

– The Republic of Serbia is issuing long-term securities, for the purpose of financing the budget deficit, refinancing the due liabilities based on public debt and financing investment and program projects which have positive environmental impact – says the decision of the Government of Serbia on the issue of long-term government securities.

The nominal value of an individual bond is RSD 10,000, and the issue date is January 23, 2025.

The maturity date is July 27, 2035. The coupon rate is 5.250% a year.

The bonds are registered to the owner, and the sales price is determined in the form of coupon bonds with a half-year coupon payment.

– Long-term securities can also be bought out before the maturity date, if the finance minister or the person authorized by him so decides – the Decision says.

Vlada Republike Srbije

Government of Serbia

securities

debt of Serbia

budget deficit

government securities

bonds