Bond Northern Macedonia 0% ( MKMINFDYL139 ) in MKD

Issuer Northern Macedonia
Market price 100 %  ⇌ 
Country  Macedonia
ISIN code  MKMINFDYL139 ( in MKD )
Interest rate 0%
Maturity 03/08/2022 - Bond has expired



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Minimal amount 100 MKD
Total amount 2 409 730 000 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, the issuer of the bond identified by ISIN code MKMINFDYL139, successfully repaid this sovereign obligation upon its maturity on August 3, 2022. The Republic of North Macedonia, a country located in Southeast Europe with a developing economy, had issued this bond in its national currency, the Macedonian Denar (MKD). The total issuance size for this debt instrument amounted to MKD 2,409,730,000, with a minimum acquisition size established at MKD 100. Key terms of the bond included an interest rate of 0% and a payment frequency of 1. Upon reaching its maturity, the bond was quoted at a market price of 100%, signifying its full reimbursement to investors, a demonstration of the issuer's commitment to its financial responsibilities.