borrowing programme

Serbia’s Government Bond Sales Set for Q2 Amid Shifting Market Dynamics

Serbia is poised to advance its sovereign borrowing program into the second quarter of 2026, with plans for new government bond auctions aimed at securing financing early in the fiscal year and stabilizing funding conditions. This initiative follows an active first quarter, during which the government sought to raise approximately €1.15 billion through domestic bond sales, focusing primarily on dinar-denominated instruments while limiting reliance on international markets. This proactive strategy enabled Serbia to significantly enhance its liquidity at the beginning…