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N. Macedonia sells 115 mln euro worth of govt paper

Apr 9, 2024, 4:46:18 PMArticle by Dragana Petrushevska
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April 9 (SeeNews) - North Macedonia's finance ministry sold 7.1 billion denars ($125.3 million/115.1 million euro) worth of government securities at three auctions on Tuesday, central bank data showed.

N. Macedonia sells 115 mln euro worth of govt paper
Toshe Ognjanov/Shutterstock.com

The finance ministry sold 4.1 billion denars worth of one-year Treasury bills at one auction and 3 billion denars worth of 15-year government bonds at two other auctions, 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.

One-year T-bills

Auction date April 9, 2024
Maturity date April 9, 2025
Amount offered (mln denars) 4,065.49
Amount sold (mln denars) 4,065.49
Total bids placed (mln denars) 4,065.49
Interest rate 3.80%

15-year bonds

Auction date April 9, 2024
Maturity date April 12, 2039
Amount offered (mln denars) 2,466.4
Amount sold (mln denars) 2,466.4
Total bids placed (mln denars) 2,466.4
Coupon interest rate 5.60%

15-year bonds

Auction date April 9, 2024
Maturity date April 12, 2039
Amount offered (mln denars) 579.29
Amount sold (mln denars) 579.29
Total bids placed (mln denars) 579.29
Coupon interest rate 5.35%

(1 euro = 61.70 denars)

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