Serbia has successfully raised approximately €98.6 million through the sale of ten-year government bonds at a recent auction, according to data released by the Public Debt Administration. The bonds were issued as part of a reopened tranche originally launched in January 2025 and will mature on 27 July 2035.
Investor demand exceeded the amount offered. Total bids reached the equivalent of about €131 million, representing coverage of roughly 1.3 times the issued volume. The bonds were sold at a yield to maturity of 5.07 percent, with an annual coupon rate of 5.25 percent. Interest payments will be made semi-annually, in January and July, until maturity.
The auction outcome reflects continued investor appetite for long-dated dinar-denominated sovereign debt, despite a tighter global financial environment. The proceeds form part of Serbia’s broader public financing strategy aimed at refinancing existing obligations and supporting budgetary needs.
The government plans to continue accessing the domestic and international debt markets in the first quarter of 2026, with a funding programme that includes both euro- and dinar-denominated instruments.
