April 26 (SeeNews) - North Macedonia's finance ministry will offer to investors three issues of fixed-rate government securities worth 2.4 billion denars ($41.8 million/39 million euro) in total on May 7, central bank data showed on Friday.
The ministry will offer 1.5 billion denars worth of one-year Treasury bills, 600 million denars worth of two-year Treasury notes and 300 million denars worth of 15-year government bonds, according to the central bank data.
The central bank will sell the government securities on behalf of the finance ministry through a volume tender, in which the price and coupon are set in advance and primary dealers bid only with amounts.
Details follow:
Type |
Amount (mln denars) |
Interest rate |
1-year bills |
1,500 |
3.80% |
2-year notes |
600 |
3.85% |
15-year bonds |
300 |
5.60% |
(1 euro = 61.56 denars)