Bond Northern Macedonia 0.8% ( MKMINF20GV76 ) in MKD

Issuer	Northern Macedonia
Market price	100 % ⇌
Country	Macedonia
ISIN code	MKMINF20GV76 ( in MKD )
Interest rate	0.8% per year ( payment 1 time a year)
Maturity	18/02/2024 - Bond has expired
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Minimal amount	100 MKD
Total amount	1 200 000 000 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 analysis focuses on the bond issuance identified by ISIN MKMINF20GV76, a debt instrument originated by North Macedonia. As the sovereign issuer, North Macedonia, a nation in Southeast Europe, leverages such bonds to manage its national finances and fund public expenditures. This specific offering, denominated in Macedonian Denars (MKD), represented a total issuance size of 1,200,000,000 MKD, designed for accessibility with a minimum acquisition amount of 100 MKD. The bond featured an interest rate of 0.8% and had a payment frequency of 1, typically signifying either annual coupon disbursements or a single payment inclusive of interest at its term. Its stated maturity date was February 18, 2024, and it is important to note that this bond has successfully concluded its lifecycle, having been fully redeemed at 100% of its face value upon reaching maturity.