Standard & Poor's, one of the leading global credit rating agencies, has upgraded Serbia's rating to investment grade. This means that Serbia now has greater credibility with international investors, which could lead to lower borrowing interest rates and easier access to foreign investments.
The investment rating indicates that economic reforms and budget stability have yielded results. It could also bring better conditions for financing important projects in the country, including infrastructure and economic development, which will positively affect the daily lives of citizens.
How will this affect the domestic capital market?
The awarding of the investment rating may increase interest in investing in domestic securities, such as bonds and stocks. Greater investor confidence could bring a higher inflow of foreign capital, contributing to the growth in value of domestic companies and greater liquidity in the market. This means that citizens investing in funds or directly in securities will have more opportunities for potential gains. It is expected that the capital market will become more attractive for all participants, further stimulating economic growth, creating new jobs, and fostering the continued development of the market itself.