January 26 (SeeNews) - North Macedonia's finance ministry sold 1.74 billion denars ($34.3 million/28.2 million euro) worth of government securities at three auctions held on Tuesday, central bank data showed.
The ministry sold 870 million denars worth of one-year Treasury bills, 336 million denars worth of two-year T-notes and 533 million denars of 15-year T-bonds at the 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 26, 2021 |
Maturity date |
January 26, 2022 |
Amount offered (mln denars) |
900 |
Amount sold (mln denars) |
870 |
Total bids placed (mln denars) |
870 |
Interest rate |
0.40% |
Two-year T-notes
Auction date |
January 26, 2021 |
Maturity date |
January 28, 2023 |
Amount offered (mln denars) |
336 |
Amount sold (mln denars) |
336 |
Total bids placed (mln denars) |
336 |
Coupon interest rate |
0.60% |
15-year T-bonds
Auction date |
January 26, 2021 |
Maturity date |
January 14, 2036 |
Amount offered (mln denars) |
533 |
Amount sold (mln denars) |
533 |
Total bids placed (mln denars) |
533 |
Coupon interest rate |
2.50% |
(1 euro = 61.65 denars)