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)