December 6 (SeeNews) - Macedonia's finance ministry has raised a total of 1.375 billion denars ($26.385 million/22.3 million euro) from the sale of three issues of government securities on Tuesday, the central bank, NBRM, said.
Macedonia offered and sold 561.76 million denars of one-year Treasury bills, 403.6 million denars of six-month T-bills and 410 million denars in six month T-bills, NBRM said.
NBRM 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.
Details follow:
One-year T-bills
Auction date |
Dec 5 |
Maturity date |
December 5, 2018 |
Amount offered (mln denars) |
624 |
Amount sold (mln denars) |
561.76 |
Total bids placed (mln denars) |
561.76 |
Coupon |
1.85 |
6-month T-bills
Auction date |
Dec 5 |
Maturity date |
July 6, 2018 |
Amount offered (mln denars) |
403.6 |
Amount sold (mln denars) |
403.6 |
Total bids placed (mln denars) |
403.6 |
Coupon |
1.45 |
6-month T-bills
Auction date |
Dec 5 |
Maturity date |
July 6, 2018 |
Amount offered (mln denars) |
640 |
Amount sold (mln denars) |
410 |
Total bids placed (mln denars) |
410 |
Coupon |
1.55 |
Source: NBRM
(1 euro = 61.621 denars)