Postavke privatnosti

The Ministry of Finance successfully issued maturity bonds in 2027 and 2034 in the total amount of EUR 2 billion, confirming the high interest of investors

The Republic of Croatia, represented by the Ministry of Finance, has successfully implemented the issuance of bonds on the domestic capital market, attracting great interest from both natural persons and institutional investors.

The Ministry of Finance successfully issued maturity bonds in 2027 and 2034 in the total amount of EUR 2 billion, confirming the high interest of investors
Photo by: Domagoj Skledar/ arhiva (vlastita)

The Republic of Croatia, through the Ministry of Finance, has successfully issued bonds on the domestic capital market. The bonds maturing in 2027 have a nominal value of 750 million euros, and the bonds maturing in 2034 have a nominal value of 1.25 billion euros.

Subscription for individuals for the bonds maturing in 2027 was open from July 1 to July 8 until 11:00 am. During this period, interested citizens could subscribe through the branches of the Financial Agency or via the Ministry of Finance's digital platform E-RIZNICA.

Data on subscription and payments by individuals for bonds maturing in 2027:
Total subscription amount -> 164,735,292 euros
Total payment amount -> 158,292,941 euros
Number of investors who subscribed -> 6,699
Number of investors who subscribed and paid -> 6,457
Average payment amount -> 24,514.94 euros

Second round of subscription for institutional investors
The subscription book for institutional investors for the bonds maturing in 2027 and the bonds maturing in 2034 was opened on July 10, 2024. Interest in the bonds maturing in 2027 in the second round amounted to 2.12 billion euros, while total interest (including the first round) reached 2.28 billion euros. For the bonds maturing in 2034, interest amounted to 1.589 billion euros, dominated by pension funds and commercial banks.

The yield to maturity for the bonds maturing in 2027 is 3.30%, with an equal annual interest rate. For the bonds maturing in 2034, the yield to maturity is 3.60%, with an annual interest rate of 3.50%.

The high level of interest allowed the issuance under favorable market conditions, confirming the status of the Republic of Croatia as an attractive issuer on the domestic capital market.

The issue date and inclusion of the bonds in the Central Clearing Depository Company systems is July 12, 2024. The bonds are expected to be listed on the Official Market of the Zagreb Stock Exchange by July 15, 2024.

The main agents of the bond issuance are Erste & Steiermärkische Bank d.d., Hrvatska poštanska banka d.d., OTP banka d.d., Privredna banka Zagreb d.d., Raiffeisenbank Austria d.d., and Zagrebačka banka d.d.

Find accommodation nearby

Creation time: 11 July, 2024

Business Editorial Department

The editorial desk for economy and finance brings together authors who have been engaged in economic journalism, market analysis, and monitoring business developments on the international stage for many years. Our work is based on extensive experience, research, and daily contact with economic sources — from entrepreneurs and investors to institutions that shape economic life. Over years of journalism and personal involvement in the business world, we have learned to recognize the processes behind numbers, announcements, and short-lived trends, enabling us to deliver content that is both informative and easy to understand.

At the center of our work is the effort to make the economy more accessible to people who want to know more but seek clear and reliable context. Every story we publish is part of a broader picture that connects markets, politics, investments, and everyday life. We write about the economy as it truly functions — through the decisions made by entrepreneurs, the moves taken by governments, and the challenges and opportunities felt by people at all levels of business. Our style has developed over the years through fieldwork, conversations with economic experts, and participation in projects that have shaped the modern business landscape.

An important aspect of our work is the ability to translate complex economic topics into text that allows readers to gain insight without overwhelming technical terminology. We do not oversimplify the content to the point of superficiality, but we shape it so that it is accessible to everyone who wants to understand what is happening behind market tickers and financial reports. In this way, we connect theory and practice, past experiences and future trends, to provide a whole that makes sense in the real world.

The editorial desk for economy and finance operates with a clear intention: to provide readers with reliable, thoroughly processed, and professionally prepared information that helps them understand everyday economic changes, whether related to global movements, local initiatives, or long-term economic processes. Writing about the economy for us is not just reporting news — it is continuous monitoring of a world that is constantly changing, with the desire to bring those changes closer to everyone who wants to follow them with greater confidence and knowledge.

NOTE FOR OUR READERS
Karlobag.eu provides news, analyses and information on global events and topics of interest to readers worldwide. All published information is for informational purposes only.
We emphasize that we are not experts in scientific, medical, financial or legal fields. Therefore, before making any decisions based on the information from our portal, we recommend that you consult with qualified experts.
Karlobag.eu may contain links to external third-party sites, including affiliate links and sponsored content. If you purchase a product or service through these links, we may earn a commission. We have no control over the content or policies of these sites and assume no responsibility for their accuracy, availability or any transactions conducted through them.
If we publish information about events or ticket sales, please note that we do not sell tickets either directly or via intermediaries. Our portal solely informs readers about events and purchasing opportunities through external sales platforms. We connect readers with partners offering ticket sales services, but do not guarantee their availability, prices or purchase conditions. All ticket information is obtained from third parties and may be subject to change without prior notice. We recommend that you thoroughly check the sales conditions with the selected partner before any purchase, as the Karlobag.eu portal does not assume responsibility for transactions or ticket sale conditions.
All information on our portal is subject to change without prior notice. By using this portal, you agree to read the content at your own risk.