< HOME

Government bonds

The State of the Republic of San Marino issues government bonds. The relevant information is available and constantly updated in this section.
The issue of government bonds of the Republic of San Marino is authorised within the annual limit set in the State Budget, approved each year by the Great and General Council, pursuant to Article 18 of Law no. 30 of 18 February 1998, or in any budget adjustment law, pursuant to Article 25 of the same Law.
The characteristics of each issue of government bonds are defined by special delegated decrees, which regulate each issue.
 


Government Bond
Issuance Calendar


Government bonds are issued in implementation of the delegation referred to in Article 2 of Law no. 202 of 20 December 2024 "BUDGET OF THE STATE AND PUBLIC ENTITIES FOR THE 2025 TAX YEAR AND MULTI-YEAR BUDGETS FOR THE PERIOD 2025/2027".

Issues of Government bonds for a total amount of EUR 105,000,000.00 (one hundred and five million/00), to be placed on the domestic market, is planned for 2025.

The characteristics, duration and redemption terms of such issues are defined by special delegated decrees, which regulate each issue.

LAW NO. 202 OF 20 DECEMBER 2024 (only in Italian)

Generating PDF...

Government Bonds
for the Domestic Market


This section provides information on the issues of government bonds placed on the domestic market, promoted by the Congress of State:

DOMESTIC GOVERNMENT BOND ISSUANCE - CENTRAL BANK OF THE REPUBLIC OF SAN MARINO
GOVERNMENT BONDS ON THE DOMESTIC MARKET - PDF

INTERNATIONAL MARKETS


This section provides information on the issues of government bonds placed on international markets, promoted by the Congress of State: Year of issue; Regulatory framework; ISIN; Principal; Maturity; Interest rate; Press releases and other news.

GOVERNMENT BONDS ON INTERNATIONAL MARKETS - PDF