Government bonds loan

Government bonds loan

Non-purpose loan, funds are transferred to the borrower’s transaction account


characteristics

MAXIMUM AMOUNT:

- 60% of the collateral value.

REPAYMENT PERIOD:

- up to 95 months (not longer than the bond installment maturity);

Charges for loan application – MKD 500.00.

Commission for approved loan:

  • 1% for individuals who receive their salary in STBBT;
  • 1.5% for individuals who do not receive their salary in STBBT.

Prepayment fee - 0%

conditions

COLLATERAL INSTRUMENTS:

    • draft and draft endorsement, government bond pledge;
    • age limit – maximum 75 years of age on the date of the loan maturity.

      interest rates

      • 7.632% interest rate for MKD loans with FX clause;
      • 8.50% for MKD loan.


      other info

      Bond value is considered their last trading price reduced by 30%