April 13 (SeeNews) - North Macedonia's finance ministry sold 3.5 billion denars ($67.6 million/56.7 million euro) worth of government securities at three auctions held on Tuesday, central bank data showed.
The ministry sold 1.65 billion denars worth of one-year Treasury bills and a total of 1.86 billion denars worth of 15-year government bonds at two other auctions, 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 |
April 13, 2021 |
Maturity date |
April 13, 2022 |
Amount offered (bln denars) |
1.65 |
Amount sold (bln denars) |
1.65 |
Total bids placed (bln denars) |
1.65 |
Interest rate |
0.40% |
15-year government bonds
Auction date |
April 13, 2021 |
Maturity date |
April 15, 2036 |
Amount offered (mln denars) |
957.7 |
Amount sold (mln denars) |
957.7 |
Total bids placed (mln denars) |
957.7 |
Interest rate |
2.50% |
15-year government bonds
Auction date |
April 13, 2021 |
Maturity date |
April 15, 2036 |
Amount offered (mln denars) |
906.3 |
Amount sold (mln denars) |
906.3 |
Total bids placed (mln denars) |
906.3 |
Interest rate |
2.20% |
(1 euro = 61.73 denars)