Securities trading - Croatia

22.02.2012

Key market-tradable securities

Denomination currencyMaturity
profile
Interest
rate
Interest/Dividend
payment frequency
Place of settlementForm
Corporate bonds
EUR/HRKVariesFixedAnnual or semiannualSDADematerialised
Government bonds
EUR/HRKVaries, up to 10 yearsFixedSemiannualSDADematerialised
Municipal bonds
EUR/HRKUsually 7 yearsFixedSemiannualSDADematerialised
Commercial Paper
HRKVaries, up to 1 yearDiscountAt maturitySDADematerialised
Equities
HRK---SDADematerialised
Rights a
HRK---SDADematerialised
Treasury bills - Croatia National Bank
HRKVaries, up to 3 monthsDiscountAt maturitySDADematerialised
Treasury bills - Ministry of Finance
HRKVaries, up to 1 yearDiscountAt maturitySDADematerialised

a. Exchangeable for securities from the State's portfolio of companies.

Tradable platforms

Croatia offers trading on:

  • MOST: fully electronic real-time trading system;
  • BTS: order-driven client/server trading platform.