Tag: Eurobonds

The markets positively perceives the stabilization of the political situation in Macedonia and the perspectives for the Macedonian economy, inform the Ministry of Finance. They say that an indicator for this is the reduction in the rate of return of Macedonian Eurobonds traded on the international financial markets. "Since mid-May, contribution of all three Eurobonds have been steadily decreasing. Therefor, the...

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,...

After the postponement of the sale of the Eurobond worth 650 million euros, it has been put back on the world stock exchange for a second time, according to "Reuters". Five days ago, Macedonia delayed the issuance of the seven-year Eurobond after a member of the opposition, the SDSM party, wrote a letter to the banks guarantors questioning the legality...

Macedonia has postponed its seven-year euro bond after an opposition party member questioned the legality of the issuance through a letter, reports “Reuters”. In the letter, it is asserted that the Republic may not have the proper legal authority to issue the notes, and if they are issued, laws will be broken here in Macedonia. The opposition, the SDSM in a...

Macedonia has started marketing its Eurobond to the world stock exchange with an interest rate of 5%, reports "Reuters". The Eurobond has a seven-year benchmark, and the major banks who will be the lead managers are, “Citigroup”, “Deutsche Bank”,” Erste Group” and “Societe Generale”. Macedonia’s current rating is BB- (which means stable) by “Standard & Poor’s” and BB+ by Fitch. A...

The "Colourful Revolution" on Monday, at 19:00, will protest against the Eurobond, which will start outside the Special Public Prosecutor's Office. "Protest! There is no justice when the public debt keeps doubling. Every citizen in Macedonia already owes 2.200 euros, and the regime wants to put everyone in more debt, another 330 euros. This is another desperate attempt by this...

The website "javen.dolg.mk" (meaning public.debt) posted a link for civilians to sign a petition, "No to the Eurobond," calling on all responsible citizens of the Republic of Macedonia to sign the petition that does not recognize the Eurobond of 650 million euros. "I citizen / citizen of the Republic of Macedonia, I state that I do not recognize the Eurobond...

The decision to issue a Eurobond in the amount of 650 million euros is a financial crime against the citizens, the economy and it will effect future generations to come, condemned Kire Naumov from the SDSM today at a press conference. He said that after the announcement of the issuance of the Eurobond in the amount of 650 million euros,...