investitors

Serbia’s Bond Market Faces New Challenges as Investor Preferences Shift

The dynamics of Serbia’s bond market are evolving, with increasing selectivity among investors impacting the country's public debt strategy. Access to capital is no longer the primary concern; instead, factors such as pricing, timing, and investor preferences are becoming crucial determinants. Serbia continues to implement a diversified borrowing strategy that includes domestic dinar-denominated bonds, eurobonds in international markets, and loans from multilateral institutions. This approach has provided stability over the past decade, enabling the country to finance deficits, refinance debt…