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      Instrument data
      Issuer
      Republic of Serbia
      Senority
      Senior Unsecured
      Currency
      RSD
      ISIN
      RSMFRSD34101
      Coupon percent
      5.25%
      Coupon type
      Fixed:Plain Vanilla Fixed Coupon
      Instrument volume
      111,337,090,000
      Maturity date
      27/07/2035
      -
      BB+ Outlook: Stable
      BB+ Outlook: Stable
      Latest change
      New
      09/07/2025
      General information
      Rating
      Public
      Unsolicited
      With no issuer participation
      UK endorsed
      EU Rated
      Jakob Suwalski Lead analyst
      Alvise Lennkh-Yunus Committee chair
      Scope affirms Serbia's BB+ credit ratings and revises the Outlooks to Stable

      27/6/2025 Rating announcement EN

      Scope affirms Serbia's BB+ credit ratings and revises the Outlooks to Stable

      A rise in political, institutional, and regional geopolitical risk drives the Outlook change. Strong GDP growth and solid FDI inflows, a stronger external position, and modest public debt support the ratings.

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