Skopje, 17 February 2023 (MIA) - The next auction for the ninth Eurobond of the Republic of North Macedonia will amount EUR 600 million. Investors who previously bid for it, are interested in re-applying to the auction, which will take place as soon as a new Minister of Justice is elected, Finance Minister Fatmir Besimi said late Friday in an interview with national service MTV.

Besimi said that the opinion of the Minister of Justice could not be requested earlier, because according to the procedure from the auction of the Eurobond to the settlement, that is, the issuance of the Eurobond, 5 working days are needed.

He stated that they were constantly in contact with the institutions, agents and investors and from the point of view of observing the procedure, the most optimal decision is to repeat the auction.

According to him, the allegations that came out in the public about the demand for compensation and penalties and about the reduction of the country's credit rating due to the non-issuance of the Eurobond are also incorrect.

The issuance of the Eurobond worth EUR 600 million will be used exclusively to cover old debts due for repayment this year.