Bond Northern Macedonia 2% ( MKMINF20GE85 ) in MKD

Issuer Northern Macedonia
Market price 100 %  ⇌ 
Country  Macedonia
ISIN code  MKMINF20GE85 ( in MKD )
Interest rate 2% per year ( payment 1 time a year)
Maturity 23/07/2017 - Bond has expired



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Minimal amount 100 MKD
Total amount 14 000 000 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.

North Macedonia, as a sovereign issuer, offered the MKMINF20GE85 bond, a fixed-income instrument denominated in Macedonian Denar (MKD) featuring a 2% annual coupon, with a total issue size of 14,000,000 units and a minimum purchase requirement of 100 units; this bond, which traded at 100% on the market, reached its maturity on July 23, 2017, and has since been fully repaid.