SKOPJE (North Macedonia), September 17 (SeeNews) – North Macedonia's finance ministry sold 3.8 billion denars ($67.7 million/61.3 million euro) worth of government securities at auctions on September 17, the country's central bank said on Tuesday.
The finance ministry sold 1.1 billion denars of one-year T-bills and 2.7 billion denars of 15-year T-bonds, 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 |
Sept 17 |
Maturity date |
Sept 16, 2020 |
Amount offered (bln denars) |
1.1 |
Amount sold (bln denars) |
1.1 |
Total bids placed (bln denars) |
4.6 |
Interest |
0.7% |
15-year T-bonds
Auction date |
Sept 17 |
Maturity date |
Sept 19, 2034 |
Amount offered (bln denars) |
2.7 |
Amount sold (bln denars) |
2.7 |
Total bids placed (bln denars) |
3.66 |
Interest |
3.1% |
(1 euro = 60.84 denars)