Credit rating of the Republic of Serbia
S&P Global Ratings BBB-/ stable outlook
Fitch Ratings BB+/ positive outlook
Moody's Investors Service Ba2/ stable outlook
Daily currency exchange rates
EUR/RSD 117.3765
USD/RSD 99.7251
Eurobond Closing Prices - 13/04/2026
EB 2027 / 3.125% EUR €99.324 / 3.770%
EB 2028 / 1.000% EUR €93.208 / 3.972%
EB 2028 / 6.250% USD $102.595 / 4.939%
EB 2029 / 1.500% EUR €92.172 / 4.164%
EB 2030 / 2.125% USD $87.377 / 5.231%
EB 2033 / 1.650% EUR €82.864 / 4.612%
EB 2033 / 6.500% USD $105.889 / 5.524%
EB 2034 / 6,000% USD $102.062 / 5.679%
EB 2036 / 2.050% EUR €77.253 / 4.881%
The preliminary debt stock of the Republic of Serbia
The preliminary debt stock of the Republic of Serbia as of April 9, 2026 amounted to RSD 4,596,342,097,333
News

Announcement - Auction Calendar for Government Securities of the Republic of Serbia in Q2, 2026

30-03-2026

Auction schedule for RSD denominated securities for Q2, 2026:


12/05/2026 - 5Y Govt. bonds, 4.500% p.a. coupon (annual payment), maturity July 30th 2030, reopening
                     from July 28th 2025, offered for sale RSD 10,000,000,000

09/06/2026 - 5Y Govt. bonds, 4.500% p.a. coupon (annual payment), maturity July 30th 2030, reopening
                     from July 28th 2025, offered for sale RSD 10,000,000,000

The Republic of Serbia sold RSD 2.67B 5-year Government bonds at auction

10-03-2026
At the auction of 5-year RSD Government bonds of the Republic of Serbia, issued on July 28th, 2025 reopened on March 10th, 2026 auction volume amounted to RSD 32,436,910,000 with a coupon rate of 4.500% (annual coupon).

Total volume of submitted bids amounted to RSD 2,932,540,000. Government bonds in the amount of 266,951 units were realized, having the total nominal value of RSD 2,669,510,000.

Government bonds were sold at YTM of 4.550% and maturity date is on July 30th, 2030. The annually coupon is 4.500% and the payment date is every July 30th until the maturity date.

The Republic of Serbia sold 15-year euro-denominated Government bond issue in the amount of EUR 200 million at primary auction

12-02-2026
At the primary auction of 15-year EUR Government bonds of the Republic of Serbia, issued on February 12th, 2026 auction volume amounted to EUR 200,000,000 with a coupon rate of 5.100% (annual coupon).

Total volume of submitted bids amounted EUR 222,374,000. Government bonds in the amount of 200,000 units were realized, having the total nominal value of EUR 200,000,000.

Government bonds were sold at YTM of 5.000% and maturity date is on February 18th, 2041. The annually coupon is 5.100% and the payment date is every February 18th until the maturity date.

Credit rating of the Republic of Serbia
S&P Global Ratings BBB-/ stable outlook
Fitch Ratings BB+/ positive outlook
Moody's Investors Service Ba2/ stable outlook
Daily currency exchange rates
EUR/RSD 117.3765
USD/RSD 99.7251
Eurobond Closing Prices - 13/04/2026
EB 2027 / 3.125% EUR €99.324 / 3.770%
EB 2028 / 1.000% EUR €93.208 / 3.972%
EB 2028 / 6.250% USD $102.595 / 4.939%
EB 2029 / 1.500% EUR €92.172 / 4.164%
EB 2030 / 2.125% USD $87.377 / 5.231%
EB 2033 / 1.650% EUR €82.864 / 4.612%
EB 2033 / 6.500% USD $105.889 / 5.524%
EB 2034 / 6,000% USD $102.062 / 5.679%
EB 2036 / 2.050% EUR €77.253 / 4.881%
The preliminary debt stock of the Republic of Serbia
The preliminary debt stock of the Republic of Serbia as of April 9, 2026 amounted to RSD 4,596,342,097,333
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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