Rulebook on interest rates which are considered to be in accordance with the arm’s length principle for FY 2022

This Rulebook prescribes interest rates that, in accordance with the arm’s length principle for 2022, are calculated on loans and/or loans between related parties.

The Rulebook is published in the “Official Gazette of the RS”, No. 139/22 and enters into force on 24 December 2022.

The interest rates prescribed by the Rulebook are:

1) for banks and financial leasing providers:

On short-term loans in RSD 0.50%
On long-term loans in RSD 2.86%
Loans in EUR and RSD loans indexed in EUR 2.75%
Loans in USD and RSD loans indexed to USD 3.91%
On loans in CHF and RSD loans indexed in CHF 2.61%
On loans in SEK and RSD loans indexed in SEK 3.96%
On loans in GBP and RSD loans indexed in GBP 1.88%
On loans in RUB and RSD loans indexed in RUB 2.31%

2) for other companies:

On short-term loans in RSD 3.12%
On long-term loans in RSD 3.39%
Short-term loans in EUR and RSD loans indexed in EUR 2.25%
Long-term loans in EUR and RSD loans indexed in EUR 2.73%
Long-term loans in CHF and RSD loans indexed in CHF 6.94%
Short-term loans in USD and RSD loans indexed in USD 1.85%
Long-term loans in USD and RSD loans indexed in USD 3.54%

Insights

Rulebook on interest rates which are considered to be in accordance with the arm’s length principle for FY 2022