National Bank of Serbia
 
Monetary Policy | Public Debt Servicing

Redemption of RS A2014 Series Bonds

Redemption of bonds of the Republic of Serbia,  A 2014 series, will begin on 31 May 2014.

Payment will be made in euros or, at holder's request, in the dinar equivalent.

The funds for the redemption of bonds are provided in the Budget of the Republic of Serbia.

By 10 May 2014, foreign currency savings worth EUR 312.5 mln were converted into bonds of the Republic of Serbia,  A 2014 series. The conversion into RS bonds is still not completed.

Citizens who have not yet applied for the conversion of their savings into bonds pursuant to effective legislation are invited to do so at bank counters. By way of exception, banks will not be receiving conversion applications from 19 to 30 May 2014 as they will be making technical preparations for the payment of RS A 2014 series bonds. 

When collecting payments in respect of A2014 series bonds, bond holders can also collect in full all payments due.  

Legal entities and natural persons that acquired bonds through trade will have the relevant funds transferred to their accounts by the Central Securities Depository and Clearing House, a.d. Beograd, on 2 June 2014, via members maintaining the accounts of legal bond holders. 

The matured FRY A series bonds and B series coupon bonds will be paid out to the bearer at bank counters.

Conversion of foreign exchange savings into bonds and payment of due bonds to the depositors of Nova Agrobanka a.d. Beograd in bankruptcy and Privredna banka a.d. Beograd in bankruptcy will be effected through Čačanska banka a.d. Čačak.

For further information about the conversion of  foreign currency savings and payment of bonds, please contact the National Bank of Serbia – Monetary Operations Department, Public Debt Division, on business days from 9 a.m. to 3 p.m, at telephone numbers: (+381) 11/ 333-8164; 333-8183; 333-8181 and 333-8165; or the NBS Info Centre, telephone number: (+381) 0800-111-110.

.