December 30 (SeeNews) - North Macedonia's finance ministry sold 2 billion denars ($35 million/32.8 million euro) worth of government securities on December 27, the central bank said.
The finance ministry sold 1.1 billion denars worth of one-year Treasury bills bearing 3.5% interest, 508 million denars of 15-year bonds with a 5.4% coupon, and 379 million denars of 15-year bonds with a 5.2% coupon at three separate auctions, the central bank said in a data release earlier this week.
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 |
Dec 27, 2022 |
Maturity date |
Dec 27, 2023
|
Amount offered (mln denars)
|
1,200 |
Amount sold (mln denars) |
1,130 |
Total bids placed (mln denars) |
1,130
|
Interest rate |
3.5% |
Dec 27, 2023
Amount offered (mln denars)
1,130
15-year bonds
Auction date |
Dec 27, 2022
|
Maturity date |
Dec 29, 2035 |
Amount offered (mln denars) |
507.9 |
Amount sold (mln denars) |
507.9 |
Total bids placed (mln denars) |
507.9 |
Coupon interest rate |
5.4% |
Dec 27, 2022
15-year bonds
Auction date |
Dec 27, 2022
|
Maturity date |
Dec 29, 2035
|
Amount offered (mln denars) |
379.2 |
Amount sold (mln denars) |
379.2
|
Total bids placed (mln denars) |
379.2
|
Coupon interest rate |
5.2% |
Dec 27, 2022
Dec 29, 2035
379.2
379.2
(1 euro = 61.53 denars)