MALI: We are preparing a capital market strategy
Mali said that a capital market development strategy was being prepared with the support of international institutions and that a draft should be adopted by June 2020, it is reported on the ministry's website.
He pointed out that Serbia's aim was to reach a growth of 7% and reminded that systemic laws had been adopted with the goal of improving the capital market.
Mali also said that, on February 18, 2020, twelve-year dinar-denominated bonds of the Republic of Serbia had been offered to investors for the first time. He added that the demand had been 10 times higher than the offer and that an all-time low yield rate of only 3.4% had been realized. Bonds worth a total of RSD 19.3 billion were sold.
According to him, foreign professional investors were the most interested in Serbia's bonds.
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