February 16 (SeeNews) - North Macedonia's finance ministry sold 1.2 billion denars ($23.7 million/19.5 million euro) worth of three-year Treasury notes at an auction held on Tuesday, central bank data showed.
The government securities will mature on February 18, 2024 and carry a coupon rate of 0.80%, paid annually, 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 auction follow:
Auction date |
February 16, 2021 |
Maturity date |
February 18, 2024 |
Amount offered (mln denars) |
1,200 |
Amount sold (mln denars) |
1,200 |
Total bids placed (mln denars) |
1,200 |
Interest rate |
0.80% |
(1 euro = 61.60 denars)