broker

NIS launches €50 million bond issuance, anticipates strong demand from institutional investors

Two weeks ago, the Serbian oil company, Naftna industrija Srbije (NIS), received approval from its shareholders to issue corporate bonds worth 5.85 billion dinars (approximately €50 million), with the possibility of later listing them on the Belgrade Stock Exchange. However, not everyone can invest in these bonds. In addition to a minimum investment of €100,000, investors must submit an application and wait for an invitation from NIS's designated broker for this transaction, Dunav Stockbroker. We spoke with Professor Nikola Stakić from Singidunum…