November 17 (SeeNews) - North Macedonia's finance ministry sold 1.5 billion denars ($27.8 million/24.6 million euro) worth of 15-year government bonds at two auctions held on November 16, central bank data showed.
The first issue bears a coupon interest rate of 2.20%, whereas the other issue has a coupon interest rate of 2.50%, 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 auctions follow:
Auction date |
November 16, 2021 |
Maturity date |
November 18, 2036 |
Amount offered (mln denars) |
415 |
Amount sold (mln denars) |
415 |
Total bids placed (mln denars) |
415 |
Coupon interest rate |
2.20% |
Auction date |
November 16, 2021 |
Maturity date |
October 14, 2036 |
Amount offered (bln denars) |
1.09 |
Amount sold (bln denars) |
1.09 |
Total bids placed (bln denars) |
1.09 |
Coupon interest rate |
2.50% |
(1 euro = 61.09 denars)