SKOPJE (North Macedonia), April 16 (SeeNews) – North Macedonia's finance ministry sold 2.4 billion denars ($43.9 million/38.8 million euro) worth of government securities at auctions on April 16, the country's central bank said on Tuesday.
The finance ministry sold 1.5 billion denars of one-year T-bills and 900 million denars of 30-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.
1-year T-bills
Auction date |
April 16 |
Maturity date |
April 15, 2020 |
Amount offered (mln denars) |
1,500 |
Amount sold (mln denars) |
1,500 |
Total bids placed (mln denars) |
6,263 |
Interest |
0.80% |
30-year T-notes
Auction date |
April 16 |
Maturity date |
April 18, 2049 |
Amount offered (mln denars) |
900 |
Amount sold (mln denars) |
900 |
Total bids placed (mln denars) |
3,076 |
Interest |
4.30% |
(1 euro = 61.16 denars)