SKOPJE (Macedonia), December 4 (SeeNews) – Macedonia's finance ministry raised 1.3 billion denars ($23.8 million/20 million euro) from the sale of four issues of government securities on Tuesday, in line with plan, the country's central bank said.
The finance ministry sold 249.5 million denars of six-month Treasury bills, 549.9 million denars of one-year T-notes, 300 denars of two-year T-notes and 200 million denars of three-year T-bonds, the central bank, NBRM, said in a statement.
The central bank sells government securities on behalf of the finance ministry through volume tenders, in which the price and coupon are fixed in advance and primary dealers only bid with amounts.
6-month T-bills
Auction date |
December 4 |
Maturity date |
June 5, 2019 |
Amount offered (mln denars) |
250 |
Amount sold (mln denars) |
249.5 |
Total bids placed (mln denars) |
835 |
Interest |
0.30% |
1-year T-bills
Auction date |
December 4 |
Maturity date |
December 4, 2019 |
Amount offered (mln denars) |
550 |
Amount sold (mln denars) |
549.9 |
Total bids placed (mln denars) |
1,904 |
Interest |
0.90% |
2-year T-bills
Auction date |
December 4 |
Maturity date |
December 6, 2020 |
Amount offered (mln denars) |
300 |
Amount sold (mln denars) |
300 |
Total bids placed (mln denars) |
1,000 |
Interest |
0.90% |
3-year T-bills
Auction date |
December 4 |
Maturity date |
September 20, 2021 |
Amount offered (mln denars) |
200 |
Amount sold (mln denars) |
200 |
Total bids placed (mln denars) |
370 |
Interest |
1.50% |
(1 euro = 61.25 denars)