Today, Macedonia issued a Eurobond worth 450 million euros, with a coupon rate of 5,625% per annum and with a maturity of 7 years, which are extremely favorable terms given the complex political situation in the country, stated the Ministry of Finance.
“The funds from the bond will be used for the state budget for the years, 2016, and 2017, and to repay debts on time. The team from the Government successfully managed to provide the necessary resources which are important to maintain macroeconomic stability and the development of the Macedonian economy”, reads the statement from the Ministry of Finance.