SLOVENIJA

SLOVENIA

Steel group SIJ issues EUR 40m bond

The Russian-owned Slovenian steel group SIJ has issued EUR 40 million worth of five-year bonds with an annual coupon rate of 2.8%. The company said it would use the funds to diversify long-term financing and to fund long-term investment in production technology. (STA)

Ex C-bank governor says banks should have been bailed out sooner

Boštjan Jazbec, the former central bank governor, told the parliamentary inquiry commission examining the performance of the bad bank that banks should have been bailed out sooner, before 2012. Perhaps the erasure of junior bondholders would then not have happened in 2013, he said. (STA)

Nomago not for sale, looking for strategic partner

Adventura Holding has denied it is selling coach company Nomago, though it acknowledged it was in talks with several possible strategic partners which would help it fulfil its ambitions plans for the company. (STA)

INTERNATIONAL MARKETS

Alibaba started trading in Hong Kong

The tech giant’s shares jumped in morning trading, after it raised $11 billion in the city’s largest IPO since 2010. Alibaba raised $25 billion in a US listing five years ago, but the company has long sought another listing closer to home. (Quartz)

Donald Trump’s former counsel was told to testify in the impeachment inquiry

A federal judge ruled that Don McGahn must speak to the House in the probe into the president. The White House has been trying to impede efforts to force senior administration officials to cooperate with congressional subpoenas to testify. (Quartz)

SERBIA

NBS:Mid-term inflation seen at 1.6-2%, latest survey says

According to the October survey, short- and medium-term inflation expectations of the financial and corporate sectors continued to move within the target band (3±1.5%). One-year ahead inflation expectations of the financial sector remained at the September level of 2.0%, while expectations of corporates declined relative to September and stood at 1.6%. Medium-term inflation expectations of the financial sector rose mildly relative to September and equalled 2.5%, while expectations fo corporates dipped relative to the previous survey and stood at 1.9%. (NBS)

Serbian September’s average net monthly wage 53,698 dinars

The average net monthly wage in Serbia was 53,698 dinars in September, rising 12.1 pct in nominal terms and 10.9 pct in real terms compared to the same month of last year, the national statistical office RZS announced in a statement. The September average gross wage was 74,160 dinars, rising 11.9 pct in nominal terms and 10.7 pct in real terms y-o-y. In the period from January to September, gross wages rose 10 pct in nominal terms and 7.8 pct in real terms y-o-y, while net wages grew 10.1 pct in nominal and 7.9 pct in real terms y-o-y, the RZS said in a press release. (Tanjug)

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