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Serbia issues 1bn eurobond to repay dollar debt

BELGRADE: Serbia issued a 10-year, 1 billion euro ($1.13 billion) bond, which will be listed on the London Stock Exc
Published June 20, 2019

BELGRADE: Serbia issued a 10-year, 1 billion euro ($1.13 billion) bond, which will be listed on the London Stock Exchange and serve to repay dollar-denominated debt, the finance ministry said on Thursday.

The bond came with a yield of 1.62% and an annual coupon of 1.5%. The entire bond was sold on Wednesday, the ministry said in a statement.

Copyright Reuters, 2019

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