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N. Macedonia sells 2.6 bln denars (42 mln euro) of govt paper – table

N. Macedonia sells 2.6 bln denars (42 mln euro) of govt paper – table Photo: www.fmf.gov.ba

SKOPJE (N. Macedonia), September 14 (SeeNews) - North Macedonia's finance ministry sold 2.6 billion denars ($49.8 million/42.2 million euro) worth of government securities at three auctions held on Tuesday, central bank data showed.

The ministry sold 689.73 million denars worth of one-year Treasury bills, 320 million denars worth of three-year T-notes and 1.6 billion denars worth of 15-year government bonds, 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 September 14, 2021
Maturity date August 3, 2022
Amount offered (mln denars) 689.73
Amount sold (mln denars) 689.73
Total bids placed (mln denars) 689.73
Interest rate 0.50%

Three-year T-notes

Auction date September 14, 2021
Maturity date July 29, 2024
Amount offered (mln denars) 320
Amount sold (mln denars) 320
Total bids placed (mln denars) 320
Coupon interest rate 0.80%

15-year government bonds

Auction date September 14, 2021
Maturity date September 16, 2036
Amount offered (mln denars) 1,607
Amount sold (mln denars) 1,607
Total bids placed (mln denars) 1,607
Coupon interest rate 2.50%

(1 euro = 61.61 denars)

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