03 December 2025
press release
montenegro
Montenegro: Schoenherr advises Montenegrin Ministry of Finance on first retail government bond issuance
Moravčević Vojnović and partners in cooperation with Schoenherr advised the Ministry of Finance of Montenegro on the country's first retail government bond issuance, which attracted EUR 49.87m in subscriptions from citizens, residents and Montenegrin companies.
The offering was conducted in two rounds, with citizens subscribing EUR 22.18m between 3–18 November and companies subscribing EUR 27.69m between 24–28 November. The bonds, which mature in November 2027, carry a fixed annual interest rate of 3.75 % and a minimum investment amount of EUR 500. The strong response demonstrates growing interest in domestic government securities and supports the development of Montenegro's local capital market.
The Schoenherr team included Nikola Babić (partner) and Petar Vučinić (attorney at law).
Petar
Vučinić
Attorney at Law
montenegro
press contact
Katharina
Falkner
Corporate Communications Manager
austria vienna