Serbia has raised €550mn from a reopening of a ten-year Eurobond issue, which will be listed on the London Stock Exchange (LSE), the finance ministry said in a statement.
Serbia has been considering to issue a Eurobond in order to raise funds for a planned new large investment cycle.
The securities were added to a €1.0bn Eurobond that was first auctioned in June. On November 5, they were sold at an average yield of 1.25%, down from 1.619% in June.
"After issuing a €1bn Eurobond in June this year when investor interest was also significantly higher than the offer, we decided to once again take advantage of the very favourable conditions on the international market and expand the volume of the issue by an additional €550mn," Finance Minister Sinisa Mali said in the statement.
Demand reached €1.7bn, three times more than the offer.
Related Articles
Fintech Freedom Holding aims to make France key entry point into EU with €500mn investment
A French banking licence would open the way to a new phase in the international expansion of Nasdaq-listed fintech group Freedom Holding Corp. That’s the expectation of Freedom, a company ... more
Net income at Freedom Holding Corp more than doubles in fiscal 2026
Freedom Holding Corp (Nasdaq: FRHC) slightly more than doubled its net income to $153.3mn in its fiscal year to March 31 from from $76.2mn in the previous fiscal 12 months, the international ... more
Eurasian Development Bank redeems €286mn Eurobond
The Eurasian Development Bank (EDB) said on March 26 it had fully redeemed a five-year Eurobond, meeting all obligations to investors at maturity. The bank paid a total of €286mn, covering both ... more