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The country will use all the money raised for liability management
The country is one of the highest regarded sovereign issuers on the continent
The government has been much more proactive in its debt management since a scare in 2024
Data
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Books were nearly double the $300m deal size
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Serbia sovereign moved into investment grade rating territory earlier in October
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Investors and bankers have warned of oversupply, but the deals are still getting done
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Local currency tranches may become more common
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The sovereign is borrowing a huge amount to fund its deficit
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Sponsored by CAF – Development Bank of Latin America and the Caribbean
CAF gearing up to transform regional development
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Sponsored by Emirates NBD Capital
Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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Sponsored by European Investment Bank
European Investment Bank: Supporting sustainable development in North Africa