Serbia’s Minister of Finance and Economy Mladjan Dinkic stated that Serbia managed to sell Eurobonds worth 1 billion dollars in the international market, which ensures financing of this year’s budget deficit. The annual yield is 6.625%, which is much better than the sale organized by the previous Government, which sold Eurobonds worth 1 billion dollars with a yield of 7.5%, Dinkic said.
During the reopening of the current emission of Eurobonds, which mature in 2021, on Thursday, demand exceeded USD 4 billion, and there were over 200 interested investors, mostly from the United States and Great Britain, said Dinkic. As the day progressed and demand grew, the Government decided to increase the offer from USD 750 million to USD 1 billion worth of Eurobonds, Dinkic specified.
Source Balkans
