SKOPJE (Macedonia), July 12 (SeeNews) – Macedonia will offer a total of 1.4 billion denars ($26.5 million/22.6 million euro) worth of two government securities issues at an auction on July 17, according to notices posted on the website of the country's central bank, NBRM.
The offer comprises 400 million denars of five-year Treasury bonds, and 1.0 billion denars of 30-year Treasury bonds, NBRM data shows.
NBRM will sell the government securities on behalf of the finance ministry through a volume tender, in which the price and coupon are fixed in advance and primary dealers bid only with amounts.
Details on the Treasury paper issues follow:
|
Amount (mln denars) |
Coupon |
5-year |
400 |
2.00% |
30-year |
1,000 |
4.60% |
Source: NBRM
(1 euro = 61.18 denars)