Podgorica, (MINA-BUSINESS) – Director of the Financial Market Sector at Hipotekarna banka Gojko Makosimovic expects that the issue of government bonds, planned for Monday and Tuesday, will be successful as the bonds could be sold for €80 million to €100 million.
“I expect that the issue will be successful and that the funds ranging between €80 million and €100 million could be collected at this year’s first auction, which will be the most successful primary issue ever in the Montenegrin capital market,” Maksimovic told Mina-business agency.
He said that, according to the market information, there is more interest in bonds with longer maturity period.
“I believe that the planned issue of €50 million for a period of seven years will be sold out. On the other hand, I expect that the participation of the citizens as buyers of these securities will be considerably higher than for the previous issues,” said Maksimovic.
On Monday and Tuesday, Montenegro Stock Exchange will auction €190 million worth of government bonds, for the purpose of financing of the state budget. Longer version of article is available on a link MINA ENGLISH SERVIS
