April 3 (SeeNews) - North Macedonia's finance ministry will offer to investors three issues of fixed-rate government securities worth 4.8 billion denars ($84 million/77.9 million euro) in total on April 9, central bank data showed on Wednesday.
The ministry will offer 3.5 billion denars worth of one-year Treasury bills at one auction, and a total of 1.3 billion denars worth of 15-year government bonds at two other auctions, 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 |
3,500 |
3.80% |
15-year bonds |
1,000 |
5.60% |
15-year bonds |
300 |
5.35% |
(1 euro = 61.63 denars)