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N. Macedonia sells 3.3 bln denars (53.2 mln euro) of govt paper – table

N. Macedonia sells 3.3 bln denars (53.2 mln euro) of govt paper – table Toshe Ognjanov/Shutterstock.com

SKOPJE (North Macedonia), October 15 (SeeNews) – North Macedonia's finance ministry sold 3.3 billion denars ($58.7 million/53.2 million euro) worth of government securities at auctions on October 15, the country's central bank said on Tuesday.

The finance ministry sold 2.3 billion denars of one-year T-bills and 1.0 billion denars of 5-year T-notes, 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 October 15
Maturity date October 14, 2020
Amount offered (bln denars) 2.3
Amount sold (bln denars) 2.3
Total bids placed (bln denars) 7.9
Interest 0.60%

5-year T-notes

Auction date October 15
Maturity date October 14, 2024
Amount offered (bln denars) 1
Amount sold (bln denars) 1
Total bids placed (bln denars) 3.7
Interest 1.50%

(1 euro = 61.09 denars)

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