Erste Banka Raises €95.4M via Bond Issue, 98% from Small Investors

Erste banka issued a €95.4 million bond with a 3.9% fixed coupon, nearly fully subscribed by small investors despite a €200,000 minimum. The strong demand signals retail appetite for fixed-income products in Croatia, likely reflecting expectations of stable or declining rates. The issue's success may indicate robust local capital market conditions.