Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Croatia: bonds

The Croatian debt securities market includes government bonds, bonds with government guarantee, corporate bonds and municipal bonds as long-term securities and treasury bills of the Ministry of Finance as well as commercial papers of companies as short-term securities. Croatian eurobonds are also traded in the domestic market.

Government bonds dominate Croatian bond market. The bond market is moving slowly towards a more balanced mix of public sector, quasi-government and private sector bonds. The main debt issuers in Croatia are the state itself, the state funds and agencies, and since 2002 for the first time - corporations.

Since the beginning of the transition process in the Republic of Croatia, three types of long-term government bonds have been issued in the domestic capital market:
a. bonds issued in the international capital market i.e. bonds issued in the foreign markets (Samurai bonds, denominated in JPY) and bonds issued in the euromarket (Eurobonds denominated in EUR, USD, ESP)
b. marketable bonds issued on domestic capital market
c. non-marketable bonds issued on domestic capital market for the purpose of restructuring the economy (“Big bonds”).

Outstanding bond issues

Сurrency Outstanding bond issues Cumulative volume
sovereign
HRK 28 71 568 000 000
EUR 11 11 975 000 000
USD 5 7 500 000 000
corporate
EUR 9 960 312 920
HRK 7 3 166 177 180
USD 2 850 000 000

Sovereign rating

Rating AgencyRatingRating scaleDate
Dagong Global *** International scale rating (foreign curr.) ***
Dagong Global *** International scale rating (local curr.) ***
Organisation for Economic Co-operation and Development (OECD) *** Country Risk Classifications ***
Scope Ratings *** Issuer Rating ***
Scope Ratings *** Issuer Rating (foreign currency) ***
Scope Ratings *** Senior Unsecured Debt Rating ***
Scope Ratings *** Senior Unsecured Debt Rating (foreign currency) ***
Moody's Investors Service *** LT- foreign currency ***
Moody's Investors Service *** LT- local currency ***
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
Fitch Ratings *** LT Int. Scale (foreign curr.) ***
Fitch Ratings *** LT Int. Scale (local curr.) ***
Registration required. Please log in or fill in the registration form.

Latest bond issues

issue ISIN coupon volume end of placement maturity date
Croatia, 2.7% 15jun2028, EUR - International bonds XS1713462668 2.7% 750 000 000  EUR 06/06/2018 06/15/2028
Croatia, 2.75% 27jan2030, EUR - International bonds XS1713475306 2.75% 1 275 000 000  EUR 11/16/2017 01/27/2030
Croatia, 3% 20mar2027, EUR - International bonds XS1428088626 3% 1 250 000 000  EUR 03/13/2017 03/20/2027
Hrvatska Elektroprivreda, 5.875% 23oct2022, USD - International bonds XS1309493630 5.875% 550 000 000  USD 10/19/2015 10/23/2022
Croatia, 3% 11mar2025, EUR - International bonds XS1117298916 3% 1 500 000 000  EUR 03/04/2015 03/11/2025
Croatia, 3.875% 30may2022, EUR - International bonds XS1028953989 3.875% 1 250 000 000  EUR 05/22/2014 05/30/2022
Croatia, 6% 26jan2024, USD - International bonds XS0997000251 6% 1 750 000 000  USD 11/19/2013 01/26/2024
HBOR, 6% 8may2020, EUR - International bonds XS0961637542 6% 150 000 000  EUR 08/06/2013 05/08/2020
Croatia, 5.5% 4apr2023, USD - International bonds XS0908769887 5.5% 1 500 000 000  USD 03/26/2013 04/04/2023
Agrokor, 8.875% 1feb2020, USD - International bonds USX0027KAG32 8.875% 300 000 000  USD 09/28/2012 02/01/2020

World Bond Market Indicators

Monthly indices

Type: Dec 2018 Nov 2018 Oct 2018 Sep 2018 Aug 2018 Jul 2018 Jun 2018
EU Long-term interest rates
[10695] Croatia, %  2.04 2.07 2.09 2.14 2.18 2.26 2.20
show other indices

World Bond market statistics

Quarterly indices

Type: III 2018 II 2018 I 2018 IV 2017 III 2017 II 2017 I 2017
BIS volume of international-bond market of emerging countries
[10351] Croatian international bonds, USD bln 16.200 17.200 16.700 16.500 15.400 15.600 16.900
BIS net issues of international-bond market of emerging countries
[10529] International-bond net issue of Croatia, USD bln -0.900 0.900 0.000 1.000 -0.500 -1.700 1.300

New issues of Emerging markets International Bonds

Yearly indices

Type: 2018 2017 2016 2015 2014
Annual new International Bonds issues (Eastern Europe)
[19627] Annual new issues of Croatia sovereign international bonds, USD bln 0.883 2.832 0.000 1.661 1.706
[19661] Annual new issues of Croatia corporate international bonds, USD bln 0.000 0.000 0.000 0.550 0.067
[19695] Annual new issues of Croatia corporate international bonds, (financial sector) USD bln 0.000 0.000 0.000 0.000 0.000
[19729] Annual new issues of Croatia corporate international bonds, (non-financial sector) USD bln 0.000 0.000 0.000 0.550 0.067

Emerging Markets International Bonds

Monthly indices

Type: Dec 2018 Nov 2018 Oct 2018 Sep 2018 Aug 2018 Jul 2018 Jun 2018
Volume of Eastern Europe International Bonds Markets
[21147] International bonds of Croatia, USD bln 16.132 16.042 16.049 16.244 16.237 16.304 17.158
[21181] Corporate international bonds of Croatia, USD bln 1.737 1.727 1.728 1.750 1.749 1.757 1.754
[21215] Sovereign international bonds of Croatia, USD bln 14.395 14.315 14.322 14.494 14.488 14.548 15.404
show other indices

Currencies

Daily indices

Type: 01/18/2019 01/17/2019 01/16/2019 01/15/2019 01/14/2019 01/11/2019 01/10/2019
Exchange Rates (Emerging Markets)
[9849] USD/HRK 6.5340 6.5267 6.5100 6.5199 6.4809 6.4765 6.4563
show other indices

Credit Risk Indicators

Daily indices

Type: 01/18/2019 01/17/2019 01/16/2019 01/15/2019 01/14/2019 01/11/2019 01/10/2019
CDS Croatia (Interactive Data)
[13555] CDS 6M Croatia 27.1800 25.9700 26.4100 25.5900 23.3000 23.4100 23.6300
[13617] CDS 1Y Croatia 35.5200 33.9300 34.4600 33.3900 30.3300 30.4400 30.6700
[13679] CDS 2Y Croatia 44.6100 43.4400 44.0100 42.9700 41.0100 41.0900 41.2500
[13741] CDS 3Y Croatia 53.4300 53.0100 53.5800 52.6800 52.6400 52.6700 52.7100
[13803] CDS 4Y Croatia 72.3500 71.7800 72.5300 71.4000 71.6500 71.6500 71.6600
[13865] CDS 5Y Croatia 92.9000 91.9300 92.9000 91.4400 91.4400 91.4400 91.4400
[13927] CDS 7Y Croatia 122.5600 120.5400 121.8100 120.4400 120.0100 119.9100 119.7400
[13989] CDS 10Y Croatia 143.5100 140.9400 142.4900 141.0100 139.7100 139.6200 139.4400
[14051] CDS 15Y Croatia 158.5900 155.8900 157.4800 156.0500 154.3600 154.2800 154.1100
[14113] CDS 20Y Croatia 164.6600 162.0000 163.5600 162.1800 160.4000 160.3300 160.1800
[14175] CDS 30Y Croatia 169.1000 166.5500 168.0300 166.7400 164.9700 164.8900 164.7700
show other indices

JP Morgan

Daily indices

Type: 10/30/2013 10/29/2013 10/28/2013 10/25/2013 10/24/2013 10/23/2013 10/22/2013
EMBI Global (publication was suspended since 30.10.2013) 
[3067] EMBI Global Croatia * * * * * * *
show other indices

Subscription "Cbonds-Premium", "Cbonds-Trial", "Cbonds Premium Partner", "Enhanced access Cbonds-Premium", "Cbonds-Premium Personal Light", "Cbonds-Premium Personal", "Cbonds-PRO EM", "Cbonds-PRO EM Personal", "Enhanced access Cbonds-PRO EM" required. Subscribe/Get trial access

Bonds prices

issue volume maturity date bid prices ask prices
date bid price yield date ask price yield
Croatia, 3% 11mar2025, EUR   EUR 03/11/2025 05/18/2016 **.** *.** 05/18/2016 **.* *.**
Croatia, 3.875% 30may2022, EUR   EUR 05/30/2022 05/18/2016 ***.*** *.** 05/18/2016 ***.* *.**
Croatia, 5.5% 4apr2023, USD   USD 04/04/2023 05/18/2016 ***.** *.** 05/18/2016 ***.* *.**
Croatia, 5.875% 9jul2018, EUR   EUR 07/09/2018 05/18/2016 ***.** *.** 05/18/2016 ***.* *.**
Croatia, 6% 26jan2024, USD   USD 01/26/2024 05/18/2016 ***.**** *.* 05/18/2016 ***.* *.**
Croatia, 6.250% 27apr2017, USD   USD 04/27/2017 05/18/2016 ***.**** *.** 05/18/2016 ***.* *.**
Croatia, 6.375% 24mar2021, USD   USD 03/24/2021 05/18/2016 ***.*** *.** 05/18/2016 ***.** *.**
Croatia, 6.625% 14jul2020, USD   USD 07/14/2020 05/18/2016 ***.* *.** 05/18/2016 ***.** *.**
Croatia, 6.750% 5nov2019, USD   USD 11/05/2019 05/18/2016 ***.*** *.** 05/18/2016 ***.* *.**
Agrokor, 5.25% 8aug2017, EUR   EUR 08/08/2017 05/18/2016 ** * 05/18/2016 *** *
Agrokor, 8.875% 1feb2020, USD   USD 02/01/2020 05/18/2016 ***.** *.* 05/18/2016 ***.** *.**
Agrokor, 9.125% 1feb2020, EUR   EUR 02/01/2020 05/18/2016 ***.*** *.** 05/18/2016 ***.* *.**
Agrokor, 9.875% 1may2019, EUR   EUR 05/01/2019 05/18/2016 ***.*** *.** 05/18/2016 ***.*** *.**
HBOR, 4.807% 11jul2016, EUR   EUR 07/11/2016 05/18/2016 *** -**.** 05/18/2016 ***.** -**.**
HBOR, 5.0% 14jun2017, EUR   EUR 06/14/2017 05/18/2016 ***.*** *.** 05/18/2016 ***.*** *.**
HBOR, 6% 8may2020, EUR   EUR 05/08/2020 05/18/2016 ***.* *.* 05/18/2016 *** *.**
Hrvatska Elektroprivreda, 5.875% 23oct2022, USD   USD 10/23/2022 05/18/2016 ***.** *.** 05/18/2016 ***.** *.**
Hrvatska Elektroprivreda, 6.0% 9nov2017, USD   USD 11/09/2017 05/18/2016 ***.** *.** 05/18/2016 ***.** *.**
Zagrebacki Holding, 5.50% 10jul2017, EUR   EUR 07/10/2017 05/18/2016 **.** *.** 05/18/2016 ***.*** *.**
* Registration required. Please log in or fill in the registration form.
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×