Serbia redeems state bonds before due date
N1 Info 19.12.2018 | Beta
Serbia has redeemed state bonds worth 10 billion Dinars before their due date thanks to a budget surplus, the Finance Ministry said on Wednesday.
The press release that one million three-year Dinar state bonds which fall due on February 22, 2019 had been bought with a yield rate of three percent. It said that all the bonds on offer had been bought, adding that an offer had been made to buy state bonds worth a total of 16.5 billion Dinars (1 Euro – 118 Dinars). The Finance Ministry said the bonds were bought using surplus budget funds with the aim of reducing public debts which fall due in