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N. Macedonia sells 1.2 bln denars (19.4 mln euro) of 15-yr T-notes

Nov 5, 2019, 3:52:03 PMArticle by Klaudjo Jonuzaj
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SKOPJE (North Macedonia), November 5 (SeeNews) – North Macedonia's finance ministry raised 1.2 billion denars ($21.6 million/19.4 million euro) from the sale of fifteen-year Treasury notes at an auction, in line with plan, the country's central bank said on Tuesday.

N. Macedonia sells 1.2 bln denars (19.4 mln euro) of 15-yr T-notes
Toshe Ognjanov/Shutterstock.com

The central bank sells government securities on behalf of the finance ministry through volume tenders, in which the price and coupon are fixed in advance and primary dealers only bid with amounts.

15-year T-notes

Auction date November 5
Maturity date November 7, 2034
Amount offered (bln denars) 1.2
Amount sold (bln denars) 1.2
Total bids placed (bln denars) 2.05
Interest 3.00%

(1 euro = 61.05 denars)

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