January 11 (SeeNews) - North Macedonia's finance ministry sold 2 billion denars ($36.8 million/32.4 million euro) worth of government securities at three auctions held on Tuesday, central bank data showed.
The ministry sold 1.3 billion denars worth of one-year Treasury bills at two separate auctions and 740 million denars worth of 15-year government bonds at a third 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 11, 2022 |
Maturity date |
January 11, 2023 |
Amount offered (mln denars) |
450 |
Amount sold (mln denars) |
450 |
Total bids placed (mln denars) |
450 |
Interest rate |
0.40% |
One-year T-bills
Auction date |
January 11, 2022 |
Maturity date |
January 11, 2023 |
Amount offered (mln denars) |
830 |
Amount sold (mln denars) |
830 |
Total bids placed (mln denars) |
830 |
Interest rate |
0.60% |
15-year government bonds
Auction date |
January 11, 2022 |
Maturity date |
January 13, 2037 |
Amount offered (mln denars) |
739.6 |
Amount sold (mln denars) |
739.6 |
Total bids placed (mln denars) |
739.6 |
Coupon interest rate |
2.60% |
(1 euro = 61.63 denars)