November 30 (SeeNews) - North Macedonia's finance ministry sold 2.2 billion denars ($40.4 million/35.6 million euro) worth of one-year Treasury bills at two auctions held on Tuesday, central bank data showed.
The ministry sold 950 million denars worth of T- bills at one auction and 1.2 billion denars worth of T-bills at another 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 |
November 30, 2021 |
Maturity date |
November 30, 2022 |
Amount offered (mln denars) |
950 |
Amount sold (mln denars) |
950 |
Total bids placed (mln denars) |
950 |
Interest rate |
0.40% |
One-year T-bills
Auction date |
November 30, 2021 |
Maturity date |
November 30, 2022 |
Amount offered (mln denars) |
1,225 |
Amount sold (mln denars) |
1,225 |
Total bids placed (mln denars) |
1,225 |
Coupon interest rate |
0.50% |
(1 euro = 61.83 denars)