Serbian central bank says Dinar bonds on JP Morgan index

NEWS 30.06.2021 19:45
Source: N1

The National Bank of Serbia (NBS) said on Wednesday that Republic of Serbia Dinar bonds have been included in the J.P. Morgan GBI-EM Global Diversified index.

A press release quoted NBS Governor Jorgovanka Tabakovic as saying that “this success shows trust in Serbia in an international environment”, adding that positive effects are already being felt on the domestic financial market through increased demand for Dinar state bonds. She said that this led the NBS to buy 150 million Euro on the domestic market over the past two days.

The index will include three issues of Dinar bonds with due dates of 7, 10 and 12.5 years, falling due in 2026, 2028 and 2032.