You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

N. Macedonia sells 1.9 bln denars (30.5 mln euro) of govt paper – table

N. Macedonia sells 1.9 bln denars (30.5 mln euro) of govt paper – table Ministry of Economy/All rights reserved.

SKOPJE (N. Macedonia), August 17 (SeeNews) - North Macedonia's finance ministry sold 1.9 billion denars ($31 million/30.5 million euro) worth of government securities, central bank data showed.

The ministry sold 1.6 billion denars worth of 15-year Government bonds at one auction, as well as 310 million denars worth of one-year Treasury bills at another auction, the central bank data showed on Tuesday.

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:

15-year bonds

Auction date August 16, 2022
Maturity date August 18, 2027
Amount offered (mln denars) 1,567
Amount sold (mln denars) 1,567
Total bids placed (mln denars) 1,567
Interest rate 4.000%

One-year T-bills

Auction date August 16, 2022
Maturity date August 2, 2023
Amount offered (mln denars) 310
Amount sold (mln denars) 310
Total bids placed (mln denars) 310
Interest rate 2.00%

(1 euro = 61.58 denars)

 
Compare