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N. Macedonia sells 2 bln denars (32.4 mln euro) of govt paper – table

N. Macedonia sells 2 bln denars (32.4 mln euro) of govt paper – table Ministry of Economy/All rights reserved.

SKOPJE (N. Macedonia), August 1 (SeeNews) - North Macedonia's finance ministry sold 2 billion denars ($33.2 million/32.4 million euro) worth of government securities on Monday, central bank data showed.

The ministry sold 1.23 billion denars worth of one-year Treasury bills at one auction, as well as 309 million denars and 462.3 million denars worth of 15-year government bonds at two other auctions, respectively, 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 August 1, 2022
Maturity date August 2, 2023
Amount offered (mln denars) 1,230
Amount sold (mln denars) 1,230
Total bids placed (mln denars) 1,230
Interest rate 2.00%

15-year bonds

Auction date August 1, 2022
Maturity date August 4, 2037
Amount offered (mln denars) 340
Amount sold (mln denars) 309
Total bids placed (mln denars) 309
Interest rate 4.200%

15-year bonds

Auction date August 1, 2022
Maturity date August 4, 2037
Amount offered (mln denars) 462.3
Amount sold (mln denars) 462.3
Total bids placed (mln denars) 462.3
Interest rate 4.000%

(1 euro = 61.68 denars)

 
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