April 20 (SeeNews) - Macedonia's finance ministry will offer two issues of government securities worth a total of 3.4 billion denars ($68.3 million/55.4 million euro) at an auction on April 24, according to notices posted on the website of the country's central bank.
The offer comprises 2.4 billion denars of one-year Treasury bills and 1.0 billion denars of 30-year Treasury bonds.
The central bank 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:
Term |
Amount (bln denars) |
Coupon |
1-year |
2.4 |
1.2% |
30-year |
1.0 |
4.85% |
Source NBRM
(1 euro = 61.44 Macedonian denars)