Temporary suspension of trading in bonds for “foreign currency savings”
Friday, September 19, 2003
On the 29th and 30st of September 2003 a trading in bonds RM01 issued by the Republic of Macedonia is temporarily cut off.
On the 29th and 30st of September 2003 a trading in bonds RM01 issued by the Republic of Macedonia is temporarily cut off. 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 October 2003. 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 01.10.2003, the trading in bonds RM01 is temporarily cut off on 29th and 30st of September 2003.