January 12 (SeeNews) - North Macedonia's finance ministry sold 1.55 billion denars ($30.5 million/25.1 million euro) worth of government securities at two auctions held on Tuesday, central bank data showed.
The ministry sold 1.06 billion denars worth of one-year Treasury bills and 494 million denars of 15-year T-bonds at the two auctions, 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:
One-year T-bills
Auction date |
January 12, 2021 |
Maturity date |
January 12, 2022 |
Amount offered (bln denars) |
1.06 |
Amount sold (bln denars) |
1.06 |
Total bids placed (bln denars) |
1.06 |
Interest rate |
0.40% |
15-year T-bonds
Auction date |
January 12, 2021 |
Maturity date |
January 14, 2036 |
Amount offered (mln denars) |
494 |
Amount sold (mln denars) |
494 |
Total bids placed (mln denars) |
494 |
Coupon interest rate |
2.50% |
(1 euro = 61.63 denars)