News
Republic of Serbia sold RSD 23.24B 8-year Government bonds at auction
05-12-2023
At the auction of 8-year RSD Government bonds of the Republic of Serbia, issued on October 24th, 2023 reopened on December 5th, 2023 auction volume amounted to RSD 90,804,690,000 with a coupon rate of 7.00%.
Total volume of submitted bids amounted RSD 25,718,730,000. Government bonds in the amount of 2,323,883 units were realized, having the total nominal value of RSD 23,238,830,000.
Government bonds were sold at YTM of 6.30 percent, respectively by price RSD 10,502,39 and maturity date is on October 26th, 2031. The annualy coupon is 7.00% and payment date is every October 26th until the maturity date.
For the first time the Republic of Serbia issued a Government Bonds with a maturity of 8 years and successfully sold it on the first auction in the amount of RSD 19.19B
24-10-2023
At the first auction of the new issue 8-year RSD Government Bonds of the Republic of Serbia, issued on October 24th, 2023 the volume of the Bonds issue amounts to RSD 110,000,000,000 with a coupon rate of 7.00% (annual coupon), and the sales volume, for the first auction, was announced at RSD 7B.
Total volume of submitted bids amounted RSD 34,872,170,000. Investor offers were accepted in the total amount of RSD 19,195,310,000, which is almost three times more than the planned volume of RSD 7,000,000,000. There was a noticeable participation of foreign investors at the auction, which shows their interest in state securities and their presence on the capital market of the Republic of Serbia.
Government Bonds were sold at YTM of 6.39 percent, respectively by price RSD 10,373,02 and maturity date is on October 26th, 2031. The annualy coupon is 7.00% and payment date is every October 26th until the maturity date.
At the Government session held on September 28, the Republic of Serbia adopted the Decision on the issue of an eight-year benchmark government bond in the amount of 110 billion dinars
19-10-2023
The eight-year benchmark bond will be offered at auctions in 2023 and 2024, starting on October 24, 2023. year, when the first auction will be held.
Both domestic and foreign legal entities and individuals can participate in the auctions, through authorized participants.
The minimum amount of government securities that can be purchased by one legal entity or natural person at an auction is five pieces.
The maximum value of government bonds that can be purchased by one legal entity or natural person by competitive orders in the auction phase is 50% of the total volume of the issue, i.e. the volume of the auction at the reopening of the issue.
By selling the benchmark bond, the Republic of Serbia will provide funds to support infrastructure projects within the specialized world exhibition "EXPO Belgrade 2027", which will be organized in Belgrade in 2027.