Serbia

The macroeconomic challenges we highlighted in our last quarterly Emerging Europe sovereign risk ratings update have escalated further in the second quarter, with little sign of easing... 2008-07-17

Serbia's benchmark equity index, the BELEX15, continues on its long-term, downward trajectory, which has been in play since October 2007. The index is now close to our short-term... 2008-07-14

We have been bearish Western Balkans equities for some time now cautioning that benchmark indices throughout the region were showing clear signs of overvaluation. They have been among... 2008-06-20

In line with our core view, the Serbian 5-Year credit default swap (CDS) has broken through a key resistance level at 230bps on June 4, contracting further to at one point trade at... 2008-06-06

The National Bank of Serbia has raised its 2-week repo rate by 50bps to 15.75% - bringing the total rate increase this year to 575bps. Serbia's interest rate is now on a par with... 2008-05-29

The Serbian 5-Year credit default swap (CDS) remains in the trend channel which has been in play since the start of the year, trading at 259bps on May 27. Given the close correlation... 2008-05-27

The Serbian dinar continues to experience volatility against the euro, at one point trading at RSD82.61/EUR on May 15. Going forward, further instability for the unit lies ahead,... 2008-05-15