SKOPJE (North Macedonia), January 28 (SeeNews) – North Macedonia's finance ministry sold 1.5 billion denars ($26.7 million/24.2 million euro) worth of government securities at auctions on January 28, the central bank said on Tuesday.
The finance ministry sold 600 million denars of one-year T-bills and 900 million denars of 30-year T-bonds, the central bank 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 set in advance and primary dealers only bid with amounts.
Details of the auctions follow:
1-year T-bills
Auction date |
January 28 |
Maturity date |
January 27, 2021 |
Amount offered (mln denars) |
600 |
Amount sold (mln denars) |
600 |
Total bids placed (mln denars) |
2,504 |
Interest |
0.50% |
15-year T-bonds
Auction date |
January 28 |
Maturity date |
January 30, 2050 |
Amount offered (mln denars) |
900 |
Amount sold (mln denars) |
900 |
Total bids placed (mln denars) |
2,959 |
Interest |
4.00% |
(1 euro = 61.05 denars)