December 1 (SeeNews) - North Macedonia's finance ministry sold 2.9 billion denars ($56.4 million/47 million euro) worth of government securities at four auctions held on Tuesday, central bank data showed.
The ministry sold 1.175 billion denars worth of one-year Treasury bills, 310 million denars of two-year Treasury notes, 650 million denars of three-year Treasury notes and 744.43 million denars worth of 15-year government bonds, the central bank data showed.
The central bank sells government securities on behalf of the finance ministry through volume tenders in which the price and coupon are set in advance and primary dealers bid only with amounts.
Details of the auctions follow:
One-year Treasury bills
Auction date |
December 1, 2020 |
Maturity date |
December 1, 2021 |
Amount offered (bln denars) |
1.175 |
Amount sold (bln denars) |
1.175 |
Total bids placed (bln denars) |
1.175 |
Interest rate |
0.4% |
Two-year Treasury notes
Auction date |
December 1, 2020 |
Maturity date |
November 5, 2022 |
Amount offered (mln denars) |
310 |
Amount sold (mln denars) |
310 |
Total bids placed (mln denars) |
310 |
Coupon interest rate |
0.6% |
Three-year Treasury notes
Auction date |
December 1, 2020 |
Maturity date |
December 3, 2023 |
Amount offered (mln denars) |
650 |
Amount sold (mln denars) |
650 |
Total bids places (mln denars) |
650 |
Coupon interest rate |
0.8% |
15-year government bonds
Auction date |
December 1, 2020 |
Maturity date |
December 3, 2035 |
Amount offered (mln denars) |
744.43 |
Amount sold (mln denars) |
744.43 |
Total bids places (mln denars) |
744.43 |
Coupon interest rate |
2.2% |
(1 euro = 61.73 denars)