fiscal impact

€200 Million Government Bond Issuance by Serbia

The Serbian government is set to issue €200 million in euro-denominated government bonds with a maturity of 15 years, scheduled for 2041. This move is part of Serbia’s medium-term public debt management strategy, which aims to extend debt maturity, reduce refinancing risks, and diversify funding sources. The issuance is expected to lengthen the average duration of Serbia’s debt portfolio and alleviate immediate rollover pressures. From a fiscal sustainability standpoint, this bond issuance is relatively small compared to Serbia's overall public…