Temporary suspension of trading of bonds for “foreign currency savings”
Wednesday, March 24, 2004
On the 29th, 30th and 31st of March 2004 trading of bonds RM01 issued by the Republic of Macedonia will be temporarily suspended.
On the 29th, 30th and 31st of March 2004 trading of bonds RM01 issued by the Republic of Macedonia will be temporarily suspended. According to the Law on Manner and Procedures of Repayment of Deposited Foreign Savings of the Citizens, guaranteed by the Republic of Macedonia (Official Gazette of Republic of Macedonia number 32/2000, 108/2000, 04/2002 and 42/2003) the payment of the installment and interest of the bonds issued for repayment of the deposited foreign savings of the citizens due on 01st of March 2004. Having in mind the Trading rules of the Macedonian Stock Exchange, and the fact that settlement of the transactions in bonds is executed within the period of three days from the transaction date, for the sake of interest calculation as of 01.04.2004, the trading of bonds RM01 will be temporarily suspended on 29th, 30th and 31st of March 2004.