Serbia has raised $1 billion in a sale of euro bonds in the international market, EMportal reports, citing Beta news agency. The notes, which are scheduled to mature in 2021, carry an interest rate of 7.25 percent.

The country’s Prime Minister stated that there was a huge demand for the bonds and offers were made to the tune of $2 billion. The sale demonstrates Serbia’s ability to globally participate in both commodities and financial exchange.

Click here for the story from EMportal.