SKOPJE (North Macedonia), May 26 (SeeNews) – North Macedonia's finance ministry has sold 4.07 billion denars ($72.3 million/65.9 million euro) worth of government securities at three auctions held on May 26, the central bank said on Tuesday.
The finance ministry sold 2.87 billion denars worth of one-year Treasury bills, 600 million denars of six-month T-bills and 600 million denars of two-year T-notes, the central bank said in a notice.
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 with amounts.
Details of the auctions follow:
One-year T-bills
Auction date |
May 26, 2020 |
Maturity date |
May 26, 2021 |
Amount offered (bln denars) |
2.87 |
Amount sold (bln denars) |
2.87 |
Total bids placed (bln denars) |
2.87 |
Interest rate |
0.60% |
Six-month T-bills
Auction date |
May 26, 2020 |
Maturity date |
November 18, 2020 |
Amount offered (bln denars) |
0.6 |
Amount sold (bln denars) |
0.6 |
Total bids placed (bln denars) |
0.6 |
Interest rate |
0.30% |
Two-year T-notes
Auction date |
May 26, 2020 |
Maturity date |
May 14, 2022 |
Amount offered (bln denars) |
0.6 |
Amount sold (bln denars) |
0.6 |
Total bids placed (bln denars) |
0.6 |
Coupon interest rate |
0.90% |
(1 euro = 61.77 denars)