May 25 (SeeNews) - North Macedonia's finance ministry sold 1.46 billion denars ($29 million/23.4 million euro) worth of one-year Treasury bills at an auction held on Tuesday, central bank data showed.
The government securities mature on May 25, 2022, 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 |
May 25, 2021 |
Maturity date |
May 25, 2022 |
Amount offered (bln denars) |
1.515 |
Amount sold (bln denars) |
1.455 |
Total bids placed (bln denars) |
1.455 |
Interest rate |
0.50% |
(1 euro = 61.75 denars)