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Macedonia sells 25 bln denars (407 mln euro) in c-bank bills, coupon rate falls

Macedonia sells 25 bln denars (407 mln euro) in c-bank bills, coupon rate falls The National Bank of the Republic of Macedonia Licence: Public Domain

SKOPJE (Macedonia), January 11 (SeeNews) - Macedonia's central bank said on Wednesday it sold 25 billion denars ($427.5 million/406.6 million euro) in 35-day central bank (CB) bills, in line with its target.

The coupon rate on the CB bills fell to 3.5% from 3.75% at the previous similar auction on December 14.

Details follow:

Auction date Jan 11, 2017 Dec 14, 2016
Maturity date Feb 15, 2017 Jan 11, 2017
Amount offered (bln denars) 25 23
Bids placed (bln denars) 25 23
Amount sold (bln denars) 25 23

(1 euro = 61.498 denars)

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