Bond Northern Macedonia 3% ( MKMINF20GB13 ) in MKD

Issuer Northern Macedonia
Market price 100 %  ⇌ 
Country  Macedonia
ISIN code  MKMINF20GB13 ( in MKD )
Interest rate 3% per year ( payment 1 time a year)
Maturity 30/10/2016 - Bond has expired



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Minimal amount 100 MKD
Total amount 650 000 000 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 instrument, an obligation identified by ISIN MKMINF20GB13, was issued by North Macedonia, a sovereign entity located in the Balkan region, for debt financing purposes within its domestic market, where the country of issuance was also Macedonia; denominated in Macedonian Denar (MKD), the bond carried an annual interest rate of 3% and represented a total issue size of 650,000,000 MKD, with a minimum bid size set at 100 units to facilitate investor participation; although it was observed at a market price of 100% during its active period, the instrument's definitive characteristic is its maturity on October 30, 2016, when, following an annual payment frequency, it reached full maturity and was subsequently repaid to its holders, thereby concluding its lifecycle as a redeemed financial instrument.