Ministry of Finance Seeking Consultants for Corporate Bond Issuance – Call for Expression of Interest Opened
Source: eKapija
Wednesday, 20.03.2024.
12:16
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Illustration (Photo: pictavio/Pixabay)
The public call is opened within the Catalyzing Long Term Finance Through Capital Market Project (CMDP).
For that project, the World Bank approved a USD 30 million loan to support Serbia a year ago.
Upon approving the loan, Nicola Pontara, World Bank Country Manager for Serbia pointed out that the loan would assist the Government of Serbia to implement its Capital Market Development Strategy by strengthening relevant capital market institutions and encouraging corporates to issue bonds, including green and thematic bonds.
Well-functioning capital markets help diversify financing sources beyond bank financing, which indirectly bolsters economic resilience during credit cycle fluctuations.
In addition, the World Bank added, corporate bonds could become an attractive alternative source of long-term financing to support Serbia’s green transition objectives.
The deadline for the expression of an interest is April 2, and other details of the call can be found HERE.
B. P.
Tags:
Ministry of Finance
World Bank
corporate bonds
corporate bond issuance
green bonds
thematic bonds
consultant for corporate bond issuance
World Bank loan
Catalyzing Long Term Finance Through Capital Market Project
CMDP
alternative sources of finance
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