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Bosnia and Herzegovina
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Bosnia's MKD Privrednik plans new issue of 3-yr notes

Mar 29, 2024, 3:09:38 PMArticle by Dragana Petrushevska
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March 29 (SeeNews) - Bosnian microcredit institution MKD Privrednik said on Friday it plans to issue 2 million marka ($1.1 million/1 million euro) worth of three-year notes.

Bosnia's MKD Privrednik plans new issue of 3-yr notes

The company will offer to investors 20,000 notes of 100 marka in nominal value each, MKD Privrednik said in a filing with the Banja Luka bourse.

The notes will carry a fixed annual interest rate of 7.00%, paid on a monthly basis. The principal will be repaid in 36 equal monthly instalments.

The issue's success threshold is set at 60%.

(1 euro = 1.956 marka)

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