SKOPJE (Macedonia), July 17 (SeeNews) – Macedonia's finance ministry raised 1.71 billion denars ($32.2 million/27.6 million euro) from the sale of two issues of government securities on Tuesday, the central bank said.
The finance ministry sold 505 million denars of five-year Treasury notes, and 1.2 billion denars of 30-year Treasury 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.
Details follow:
5-year T-notes
Auction date |
July 17 |
Maturity date |
July 19, 2023 |
Amount offered (mln denars) |
505 |
Amount sold (mln denars) |
505 |
Total bids placed (mln denars) |
505 |
Coupon |
2.00% |
30-year T-bonds
Auction date |
July 17 |
Maturity date |
July 19, 2048 |
Amount offered (bln denars) |
1.2 |
Amount sold (bln denars) |
1.2 |
Total bids placed (bln denars) |
2.4 |
Coupon |
4.60% |
(1 euro = 61.20 Macedonian denars)