SKOPJE (North Macedonia), February 24 (SeeNews) – North Macedonia's finance ministry will offer to investors government securities worth a total of 4.7 billion denars ($92.7 million/76.2 million euro) at two auctions on March 2, the central bank said on Wednesday.
The ministry will offer 4.3 billion denars worth of one-year Treasury bills and 400 million denars worth of 15-year government bonds, the central bank said in an auction notice.
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 on the issues follow:
|
Amount (mln denars) |
Coupon |
1-year T-bills |
4,300 |
0.40% |
15-year govt bonds |
400 |
2.50% |
(1 euro = 61.65 denars)