Bond Northern Macedonia 0% ( MKMINFDYI093 ) in MKD

Issuer	Northern Macedonia
Market price	100 % ⇌
Country	Macedonia
ISIN code	MKMINFDYI093 ( in MKD )
Interest rate	0%
Maturity	17/04/2019 - Bond has expired
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Minimal amount	100 MKD
Total amount	2 399 990 000 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. The sovereign debt landscape of North Macedonia recently witnessed the conclusive performance of a specific debt instrument, the bond identified by ISIN MKMINFDYI093, which reached its maturity and was duly repaid. Issued by North Macedonia, a nation in the Balkan region actively engaged in international financial markets for its funding requirements, this bond represented a portion of its domestic public debt, denominated in Macedonian Denars (MKD). With an initial total issuance size of 2,399,990,000 MKD and a minimum acquisition tranche of 100 MKD, this particular obligation featured a 0% interest rate, characteristic of certain short-term or zero-coupon instruments designed to provide investor returns through a discount to their par value upon issuance. The bond completed its term on April 17, 2019, at which point its market price stood at 100%, indicating that the principal amount was fully reimbursed to bondholders as per the original terms of issuance. This successful repayment underscores North Macedonia's commitment to fulfilling its financial obligations to investors and maintaining its credit standing within the global debt markets.