August 31 (SeeNews) - Macedonia will offer 1.7 billion denars ($32.9 million/27.7 million euro) worth of government securities with different maturities at an auction on September 5, according to notices posted on the website of the country's central bank, NBRM.
The offer comprises 800 million denars of 1-year Treasury bills, 600 million denars of 15-year T-bonds and 300 million denars of two-year T-notes.
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 three Treasury paper issues follow:
Term |
Amount (mln denars) |
Coupon |
1 year |
800 |
1.85% |
2 year |
300 |
2.10% |
15 year |
600 |
3.80% |
Source: NBRM