January 25 (SeeNews) - North Macedonia's finance ministry sold 1.57 billion denars ($28.8 million/25.5 million euro) worth of government securities at two auctions held on Tuesday, central bank data showed.
The ministry sold 1.47 billion denars worth of one-year Treasury bills at one auction and 100 million denars worth of three-year T-notes at another auction, 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 25, 2022 |
Maturity date |
January 11, 2023 |
Amount offered (mln denars) |
1,474 |
Amount sold (mln denars) |
1,474 |
Total bids placed (mln denars) |
1,474 |
Interest rate |
0.60% |
Three-year T-notes
Auction date |
January 25, 2022 |
Maturity date |
January 27, 2025 |
Amount offered (mln denars) |
100 |
Amount sold (mln denars) |
100 |
Total bids placed (mln denars) |
100 |
Coupon interest rate |
0.90% |
(1 euro = 61.47 denars)