December 29 (SeeNews) - North Macedonia's finance ministry sold 10.5 billion denars ($208.3 million/170 million euro) worth of Treasury notes at four auctions held on Tuesday, central bank data showed.
The ministry sold 8.2 billion denars worth of three-year Treasury bills at two auctions and 2.3 billion denars of two-year Treasury notes at two other auctions, the central bank data showed.
The central bank sells government securities on behalf of the finance ministry through volume tenders in which the price and coupon are set in advance and primary dealers bid only with amounts.
Details of the auctions follow:
Three-year Treasury notes
Auction date |
December 29, 2020 |
Maturity date |
December 31, 2023 |
Amount offered (bln denars) |
1.8 |
Amount sold (bln denars) |
1.8 |
Total bids placed (bln denars) |
1.8 |
Coupon interest rate |
1.00% |
Three-year Treasury notes
Auction date |
December 29, 2020 |
Maturity date |
December 31, 2023 |
Amount offered (bln denars) |
6.4 |
Amount sold (bln denars) |
6.4 |
Total bids placed (bln denars) |
6.4 |
Coupon interest rate |
1.30% |
Two-year Treasury notes
Auction date |
December 29, 2020 |
Maturity date |
December 31, 2022 |
Amount offered (mln denars) |
200 |
Amount sold (mln denars) |
200 |
Total bids places (mln denars) |
400 |
Coupon interest rate |
0.60% |
Two-year Treasury notes
Auction date |
December 29, 2020 |
Maturity date |
December 31, 2022 |
Amount offered (bln denars) |
2.1 |
Amount sold (bln denars) |
2.1 |
Total bids places (bln denars) |
2.5 |
Coupon interest rate |
0.90% |
(1 euro = 61.83 denars)