The Montenegrin government will issue a four-year bond worth
The government will offer 10,000 bonds at a nominal value
The citizens will be also able to participate and choose to buy the bond as an alternative way of savings. The securities will be the so-called amortising bonds, which are bonds that make equal annual payments over their lifetime, the bourse explained. They will be repaid semiannually as each payment will include a partial principal repayment and a payment of interest.
This will the first time for the Montenegrin government to sell debt via the domestic capital market. It usually collects budget funding via T-bills issue organised by the central bank.
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