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.