Mali: Serbia has raised 1.5 bln dollars under extremely favourable terms

BELGRADE - Serbian First Deputy PM and Finance Minister Sinisa Mali told Tanjug that, in a first for the country, Serbia had issued ten-year sustainable/green (ESG) bonds on Wednesday, raising 1.5 bln dollars under extremely favourable terms, at an interest rate of 4.7 pct.

That way, the government has secured additional funds for bankrolling all major projects until 2027, Mali said, noting that, under the Serbia 2027 programme, the government was planning to invest in 323 projects.

"We managed to raise 1.5 bln dollars at an extremely good interest rate," Mali said, noting that the six-month Euribor interest rate currently stood at 3.7 pct.