Macedonia sells EUR 2.8mn in five-year bonds, yields fall

By bne IntelliNews April 24, 2013

Macedonia’s finance ministry sold MKD 170mn (EUR 2.8mn) in five-year bonds with a foreign exchange clause at an auction on April 23. The coupon on the bonds, maturing on April 25, 2018, fell to 4.90% from 5.51% at the previous auction held on April 2.

The sold amount accounted for 61.8% of the amount on offer. Demand weakened to MKD 170mn from MKD251.8mn at the April 2 auction when MKD 251.8mn of the bonds were sold, in line with the offer.

Related Articles

Macedonian president to veto law on making Albanian second official language

Macedonian President Gjorge Ivanov said on January 17 he veto the law that extends the use of Albanian language in the country as he thinks it is unconstitutional. The draft law was ... more

Freedom House keeps “partly free” status for Macedonia despite new government’s efforts

Macedonia was rated only “partly free” in the latest report from international watchdog Freedom House, the same almost all of the six Western Balkan countries, despite efforts by the ... more

Macedonia issues €500mn 7-year Eurobond with historic low interest rate

Macedonia issued on January 11 a seven-year €500mn Eurobond with an annual interest rate of 2.75%, the finance ministry said. This is the sixth Eurobond issue placed so far by Macedonia’s ... more

Dismiss