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Croatia
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Croatia sets 3.10% minimum rate for retail bond

Jun 28, 2024, 2:55:22 PMArticle by Annie Tsoneva
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June 28 (SeeNews) - The Croatian finance ministry said on Friday that the minimum annual interest rate of its upcoming three-year fixed-rate retail bond with a targeted nominal value of 750 million euro ($802 million) will be 3.10%.

Croatia sets 3.10% minimum rate for retail bond
Zagreb. Source: The Croatian National Tourist Board

Subscription starts on Monday and will close on July 8, the ministry said on its website in a public invitation to investors. The minimum investment amount per investor in the new bond is 500 euro.

Investors will be able to subscribe for the new bond on July 10, when the ministry will also announce the final terms of the issue.

The bond will be issued on July 12 and mature on July 12, 2027.

The bond will be listed on the Zagreb bourse.

($ = 0.935 euro)

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