government bonds

Euroclear Opens Serbia’s Dinar Government Bonds to Wider Foreign Investor Access

Serbia has expanded international access to its domestic government bond market after Euroclear began providing clearing and settlement for long-term dinar-denominated government securities. The development removes an operational barrier for international institutional investors that previously faced more complex custody and settlement arrangements when investing in Serbia’s local-currency government debt. Foreign participation had already increased before the new infrastructure became operational. At a government bond auction, Serbia sold RSD 27.6 billion, or about €235 million, nearly three times the initially planned…