On June 21st, 2022 ten-year government bonds of the Republic of Serbia were sold, issued for the first time on February 6th, 2018, and maturing on February 8th, 2028. The volume of the auction was RSD 25,000,000,000.

The total demand on the auction was RSD 6,545,000,000. It was sold 654,500 government bonds per unit, with a nominal value of RSD 6,545,000,000.

Government bonds were sold at a yield rate of 6.70 percent on an annual level, and they due on February 8th, 2028. The coupon will be paid annually every February 8th until the due date.

These government bonds, sold in the amount of RSD 6,545,000,000 are consolidated and represent a single issue with bonds initially issued on February 6th, 2018 (ISIN: RSMFRSD55940; Ticker: RSOB18174), i.e. an additional sale of bonds with the same characteristics on currency, coupon rate and maturity date.

The total volume of the issue of this bond, after consolidation, amounts to RSD 136,556,440,000

On June 21, 2022, the Republic of Serbia will issue RSD bonds in accordance with the Decision on the issue of long-term government securities 05 No: 424-4482/2022-1 from June 9, 2022 and increase the size of the issue for additionaly RSD 25 bln. The bonds will be consolidated with the bonds initially issued on February 6, 2018 (ISIN: RSMFRSD55940; ticker: RSOB18174), with the same characteristics relating to the currency, coupon rate and maturity date. The total volume of the issue of this bond, after consolidation, will amount RSD 136,556,440,000.00.

The auction is scheduled for June 21st.

The principal elements of the bonds are:

Initially issue date: February 6, 2018

Auction date (new issue date): June 21, 2022

Settlement date: June 23, 2022

Maturity date: February 8, 2028

Coupon: 5.875%