On 28 February 2019, Serbia published in the Official Gazette the rulebook on interest rates that are deemed to be at arm's length for related party loans in 2019 (regardless of the year a loan was originally granted). The rates, which vary by taxpayer type, loan type, and the denomination of the loan, are as follows:

For banks and leasing companies:

• 2.72% on short-term loans in RSD;
• 3.64% …