Bond Northern Macedonia 2% ( MKMINF200D43 ) in EUR
| Issuer | Northern Macedonia |
| Market price | 100 % ⇌ |
| Country | Macedonia
|
| ISIN code |
MKMINF200D43 ( in EUR )
|
| Interest rate | 2% per year ( payment 1 time a year) |
| Maturity | 31/05/2015 - Bond has expired |
|
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|
| Minimal amount | 1 EUR |
| Total amount | 58 000 000 EUR |
| Detailed description |
North Macedonia is a landlocked Balkan country known for its rich history, encompassing ancient civilizations, Ottoman rule, and a recent declaration of independence from Yugoslavia, now characterized by a diverse cultural landscape and a developing economy. This financial article provides a detailed review of the sovereign bond identified by ISIN MKMINF200D43, an obligation issued by North Macedonia, a sovereign state located in Southeast Europe, which actively engages in international financial markets to fund its public sector, with this particular instrument having been denominated in EUR, carrying an annual interest rate of 2%, and representing a total issuance size of 58,000,000 units, with a minimum purchase size of 1 unit, and which, upon its maturity on May 31, 2015, was successfully repaid at 100% of its face value after having made annual interest payments, thereby demonstrating the issuer's adherence to its financial commitments. |
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