euro bonds

Serbia to issue €250 million and 35 billion dinar bonds to finance budget and investments

The Government of Serbia has announced the issuance of long-term government bonds to finance the budget deficit, refinance existing public debt and support investment and program-related projects. The issuance includes 250 million euros in euro-denominated bonds with an annual interest rate of 5 percent, and 35 billion dinars in local currency bonds carrying a 4.5 percent interest rate. According to the Official Gazette, the 250 million euro bonds, each with a nominal value of 1,000 euros, will be issued on…