IFC sells first ever dinar bond in local currency push
The International Finance Corporation has placed its first ever Serbian dinar bond, with the intention of financing a particular project in the region.
The RSD507.025m ($5.0m) December 2020 MTN was printed via JP Morgan on Monday. The trade carries a coupon of 3.75% and was priced at par.“This type of financing is driven by two factors,” said a funding official at IFC. “Firstly compensation for credit, and secondly a ...
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