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N. Macedonia sells 1.47 bln denars (23.7 mln euro) of govt paper – table

N. Macedonia sells 1.47 bln denars (23.7 mln euro) of govt paper – table Toshe Ognjanov/Shutterstock.com

SKOPJE (North Macedonia), December 3 (SeeNews) – North Macedonia's finance ministry sold 1.47 billion denars ($26.2 million/23.7 million euro) worth of government securities at auctions on December 3, the country's central bank said on Tuesday.

The finance ministry sold 1.1 billion denars of one-year T-bills and 370 million denars of 15-year T-bonds, the central bank, NBRM, said in a statement.

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.

1-year T-bills

Auction date December 3
Maturity date December 2, 2020
Amount offered (mln denars) 1,100
Amount sold (mln denars) 1,099
Total bids placed (mln denars) 2,340
Interest 0.60%

15-year T-bonds

Auction date December 3
Maturity date December 5, 2034
Amount offered (mln denars) 370
Amount sold (mln denars) 370
Total bids placed (mln denars) 614
Interest 2.45%

(1 euro = 61.11 denars)

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