North Macedonia adds to CEE sov supply

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By Mariam Meskin
03 Mar 2021

North Macedonia launched a new bond in euros on Wednesday, following deals last week from fellow central and eastern European sovereigns issuers, Serbia and Croatia.

North Macedonia (—/BB-/BB+) sold a seven year €700m bond on Wednesday.

The 1.625% March 2028 bond was priced with a yield of 1.866% at 205bp over mid-swaps. That had tightened from initial price thoughts on Wednesday morning of 230bp area over mid-swaps.  

Proceeds of the Reg S/144A issue will help ...

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