Bond Northern Macedonia 4.6% ( MKMINF20G788 ) in MKD

Issuer	Northern Macedonia
Market price	100 % ⇌
Country	Macedonia
ISIN code	MKMINF20G788 ( in MKD )
Interest rate	4.6% per year ( payment 1 time a year)
Maturity	21/11/2018 - Bond has expired
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Minimal amount	100 MKD
Total amount	243 970 000 MKD
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 overview pertains to a sovereign bond, ISIN MKMINF20G788, issued by North Macedonia, a nation in Southeast Europe that, as a sovereign entity, utilizes such debt instruments to finance its public operations. Denominated in Macedonian Denar (MKD), this specific issuance carried a total size of MKD 243,970,000, offered an annual interest rate of 4.6% with annual payment frequency, and allowed for a minimum purchase of MKD 100. Notably, the bond successfully reached its maturity on November 21, 2018, at which point it was fully redeemed at its par value, as indicated by its 100% market price, confirming the issuer's complete and timely fulfillment of its debt obligations.