In a significant move on Tuesday, Croatia successfully launched a €2 billion eurobond on the international capital markets, with a maturity date set for 2037.
The bond, offering an attractive annual interest rate of 3.25%, reflects a 3.276% yield—marking a notable achievement despite challenging market conditions.
Investor interest was overwhelming, with over 300 participants in the subscription process.
This high demand was underscored by strong backing from both international investors—particularly those focused on assets with an A-rated investment credit—and Croatian institutional investors.
The Ministry of Finance highlighted that the bond was issued 30 basis points below the originally forecasted price, underscoring the country’s resilient fiscal outlook.
The €2 billion raised will be used for both budgetary needs and debt repayment, cementing Croatia’s reputation as a reliable borrower on global markets.
This bond issuance is the largest of its kind for Croatia, marking a pivotal moment in the nation’s financial strategy.
