6th March 2023, Skopje – Auction for the issuance of the ninth Eurobond was successful, with investors’ bids more than four times the offering. The sale amounted to EUR 500 million at a coupon of 6.96%, with additional EUR 100 million provided under the EC instrument for micro-financial assistance at around 3% interest rate. Refinancing of 2016 Eurobond and repayment of prior debts which fall due and which the respective funds were intended for, will bear the same interest costs attained at the initial auction.

Ninth Eurobond offering attracted bids amounting to more than EUR 2 billion, being by half a billion euros more than the initial auction, proving, once again the investors’ confidence in the Government’s policies.

Remaining funds, projected for financing 2023 budget needs, are provided under loans with favourable terms and conditions and lower interest rate from international financial institutions, i.e. the International Monetary Fund, the World Bank, etc., at the same time supporting the pursued policies, which policies, on the other hand, contribute to higher growth in the medium- and the long-run.

Оваа вест е достапна и на: Macedonian

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