SKOPJE (North Macedonia), December 17 (SeeNews) – North Macedonia's finance ministry sold 2.2 billion denars ($39.4 million/35.4 million euro) worth of government securities at auctions on December 17, the central bank said on Tuesday.
The finance ministry sold 1.6 billion denars of one-year T-bills and 600 million denars of 15-year T-bonds, the central bank, NBRM, said in a statement.
The central bank sells government securities on behalf of the finance ministry through volume tenders, in which the price and coupon are fixed in advance and primary dealers only bid with amounts.
Details of the auctions follow:
1-year T-bills
| Auction date |
December 17 |
| Maturity date |
December 16, 2020 |
| Amount offered (mln denars) |
1,600 |
| Amount sold (mln denars) |
1,599 |
| Total bids placed (mln denars) |
3,883 |
| Interest |
0.60% |
15-year T-bonds
| Auction date |
December 17 |
| Maturity date |
November 7, 2034 |
| Amount offered (mln denars) |
600 |
| Amount sold (mln denars) |
600 |
| Total bids placed (mln denars) |
686 |
| Interest |
3.00% |
(1 euro = 60.94 denars)