Bond Northern Macedonia 2.2% ( MKMINF20GX09 ) in MKD

Issuer Northern Macedonia
Market price refresh price now   100 %  ⇌ 
Country  Macedonia
ISIN code  MKMINF20GX09 ( in MKD )
Interest rate 2.2% per year ( payment 1 time a year)
Maturity 18/11/2036



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Minimal amount 100 MKD
Total amount 415 000 000 MKD
Next Coupon 18/11/2026 ( In 227 days )
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.

A sovereign bond issuance by North Macedonia, identified by the ISIN MKMINF20GX09, presents an investment opportunity within the Macedonian financial market, where North Macedonia, a nation in the Balkan Peninsula with aspirations for European integration and an economy focused on services, industry, and agriculture, acts as the issuer, whose obligations are backed by the full faith and credit of its government as it pursues sustained economic growth and stability. This specific bond, denominated in Macedonian Denar (MKD), is currently trading at its par value of 100% and offers an annual interest rate of 2.2%, with payments scheduled once per year until its maturity on November 18, 2036, having a total issuance size of MKD 415,000,000 and a minimum purchase threshold set at MKD 100, enabling participation from various investor segments.