November 28 (SeeNews) - Macedonia's central bank NBRM said it raised on Tuesday a combined 245 million denars ($4.74 million/4 million euro) in two issues of government securities with different maturities, in line with target.
The 15-year issue carries a coupon of 3.80%, while the three-year T-notes carry a coupon of 2.35%, NBRM said in a statement on its website.
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 in (million of denars):
Term |
Maturity date |
Supply |
Demand |
Sold |
Interest rate |
2-year |
November 2, 2020 |
120 |
130 |
120 |
2.35 |
15-year |
November 30, 2032 |
125 |
231.92 |
125 |
3.8 |
Source: NBRM
(1 euro = 61.54 Macedonian denars)