Macedonia sets yield of 5.875% for expected minimum 300m seven-year bond

July 19, 2016 2:29 PM

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LONDON, July 19 (IFR) - The Republic of Macedonia will seek to raise a minimum of 300m through a seven-year bond that will yield 5.875%, according to a lead.

The yield compares with initial price thoughts of high 5% area announced earlier on Tuesday. Demand for the bond was in excess of 500m, according to an earlier update.

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