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)