Credit rating of the Republic of Serbia
S&P Global Ratings BBB-/ stable outlook
Fitch Ratings BB+/ positive outlook
Moody's Investors Service Ba2/ positive outlook
Daily currency exchange rates
EUR/RSD 117.2419
USD/RSD 103.397
Eurobond Closing Prices - 24/04/2025
EB 2027 / 3.125% EUR €98.634 / 3.830%
EB 2028 / 1.000% EUR €90.252 / 4.125%
EB 2028 / 6.250% USD $102.445 / 5.376%
EB 2029 / 1.500% EUR €89.494 / 4.310%
EB 2030 / 2.125% USD $83.436 / 5.617%
EB 2033 / 1.650% EUR €79.234 / 4.901%
EB 2033 / 6.500% USD $103.077 / 6.027%
EB 2034 / 6,000% USD $98.525 / 6.213%
EB 2036 / 2.050% EUR €72.937 / 5.265%
The preliminary debt stock of the Republic of Serbia
The preliminary debt stock of the Republic of Serbia as of April 25, 2025 amounted to RSD 4,535,008,330,396
News

Announcement - Auction Calendar for Government Securities of the Republic of Serbia in Q2 2025

31-03-2025
Auction schedule for RSD denominated securities for Q2, 2025:

13/05/2025 – 10.5Y Govt. bonds, 5.250% p.a. coupon (semi-annual payment), maturity July 27th 2035, reopening from January 23rd 2025, offered for sale RSD 43,508,900,000.

Republic of Serbia sold RSD 25.15B 10.5-year Government bonds at auction

11-03-2025
At the auction of 10.5-year RSD Government bonds of the Republic of Serbia, issued on January 23rd, 2025 reopened on March 11th, 2025 auction volume amounted to RSD 68,662,910,000 with a coupon rate of 5.25% (annually coupon).

Total volume of submitted bids amounted RSD 33,133,900,000. Government bonds in the amount of 2,515,401 units were realized, having the total nominal value of RSD 25,154,010,000.

Government bonds were sold at YTM of 5.20 percent, respectively by price RSD 10,106.14 and maturity date is on July 27th, 2035. The annually coupon is 5.25% and will be paid semi-annually. Payment dates are every January 27th and July 27th until the maturity date.

Announcement on the increase of the 10.5Y RSD T-bond issue amount for the additional RSD 60 bln

25-02-2025
Due to the record demand of investors for government RSD bonds issued January 23rd, 2025 and the realization of RSD 111,337,090,000, which makes 92.78% of the total issue, The Ministry of Finance - The Public Debt Administration increased the issue amount of the existing 10.5Y bond issue for additional RSD 60 billion (Decision on changing the Decision on the issue of long-term government securities 05 Number: 424-931/2025 from February 6th, 2025 "Official Gazette of RS", no. 12/2025).

After the increase, issue volume is RSD 180,000,000,000. The available amount for sale is RSD 68,662,910,000.

The next auction is scheduled for March 11th, 2025.

Credit rating of the Republic of Serbia
S&P Global Ratings BBB-/ stable outlook
Fitch Ratings BB+/ positive outlook
Moody's Investors Service Ba2/ positive outlook
Daily currency exchange rates
EUR/RSD 117.2419
USD/RSD 103.397
Eurobond Closing Prices - 24/04/2025
EB 2027 / 3.125% EUR €98.634 / 3.830%
EB 2028 / 1.000% EUR €90.252 / 4.125%
EB 2028 / 6.250% USD $102.445 / 5.376%
EB 2029 / 1.500% EUR €89.494 / 4.310%
EB 2030 / 2.125% USD $83.436 / 5.617%
EB 2033 / 1.650% EUR €79.234 / 4.901%
EB 2033 / 6.500% USD $103.077 / 6.027%
EB 2034 / 6,000% USD $98.525 / 6.213%
EB 2036 / 2.050% EUR €72.937 / 5.265%
The preliminary debt stock of the Republic of Serbia
The preliminary debt stock of the Republic of Serbia as of April 25, 2025 amounted to RSD 4,535,008,330,396
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Pon Uto Sre Čet Pet Sub Ned
Ministry of finance of the Republic of Serbia - Public Debt Administration
Address: Balkanska 53, Belgrade, Serbia
Tel : + 381 11 7652 742 ; Fax: +381 11 2629 055
uprava@javnidug.gov.rs
Ministry of finance of the Republic of Serbia - Public Debt Administration
Address: Balkanska 53, Belgrade, Serbia
Tel : + 381 11 7652 742 ; Fax: +381 11 2629 055
uprava@javnidug.gov.rs