End of US Sanctions Brings Bosnian Serbs Back to Bond Market

Republika Srpska, the Serb-run half of Bosnia-Herzegovina, is preparing its first eurobond since a change in leadership led to the lifting of US sanctions, according to the finance minister of the Balkan country’s autonomous entity.

The authorities in Banja Luka plan to raise €500 million ($600 million) in five-year notes on the international market in March, ahead of a €300 million repayment due in April, Zora Vidovic, Republika Srpska’s finance minister, told Bloomberg. The coming sale will be the third eurobond by the entity, which had its international debt debut in 2018.