SKOPJE (Macedonia), August 7 (SeeNews) – Macedonia's finance ministry raised 2.25 billion denars ($42.1 million/36.4 million euro) from the sale of five issues of government securities on Tuesday, the central bank said.
The finance ministry sold 670 million denars of one-year Treasury bills, 180 million denars of three-year Treasury notes,500 million denars of five-year Treasury notes, 350 million denars of 15-year Treasury bonds and 550 million denars of 15-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.
1-year T-bills
Auction date |
August 7 |
Maturity date |
August 7, 2019 |
Amount offered (mln denars) |
670 |
Amount sold (mln denars) |
670 |
Total bids placed (bln denars) |
1.8 |
Interest |
1.00% |
3-year T-notes
Auction date |
August 7 |
Maturity date |
August 8, 2021 |
Amount offered (mln denars) |
180 |
Amount sold (mln denars) |
180 |
Total bids placed (mln denars) |
180 |
Coupon |
1.60% |
5-year T-notes
Auction date |
August 7 |
Maturity date |
July 19, 2023 |
Amount offered (mln denars) |
500 |
Amount sold (mln denars) |
500 |
Total bids placed (mln denars) |
600 |
Coupon |
2.00% |
15-year T-bonds
Auction date |
August 7 |
Maturity date |
August 9, 2033 |
Amount offered (mln denars) |
350 |
Amount sold (mln denars) |
350 |
Total bids placed (mln denars) |
631.5 |
Coupon |
3.00% |
15-year T-bonds
Auction date |
August 7 |
Maturity date |
July 6, 2033 |
Amount offered (mln denars) |
550 |
Amount sold (mln denars) |
550 |
Total bids placed (mln denars) |
761 |
Coupon |
3.50% |
(1 euro = 61.19 Macedonian denars)