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.
The European Investment Fund (EIF), part of the EIB Group, said on April 15 that it has signed guarantee agreements with 11 banks and financial intermediaries in the Western Balkans. These ... more
EIB Global, the financial arm of the European Investment Bank (EIB) for activities beyond the EU, set a new record by investing €1.2bn in the Western Balkans in 2023, the EIB said on February 9. ... ... more
This Southeast Europe Outlook 2024 has been prepared by bne IntelliNews as part of a series of annual reviews providing updates on the geopolitical, macroeconomic and commercial state of ... more