January 10 (SeeNews) - North Macedonia's finance ministry sold 2.5 billion denars ($44.2 million/41.2 million euro) worth of government securities on January 10, the central bank said on Tuesday.
The finance ministry sold 2.4 billion denars worth of one-year Treasury bills bearing 3.5% interest and 125 million denars worth of 15-year bonds with a 5.4% coupon at two separate auctions, the central bank said in a data release.
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 |
Jan 10, 2023 |
Maturity date |
Jan 10, 2024 |
Amount offered (mln denars) |
2,417 |
Amount sold (mln denars) |
2,417 |
Total bids placed (mln denars) |
2,417 |
Interest rate |
3.5% |
15-year bonds
Auction date |
Jan 10, 2023 |
Maturity date |
Jan 12, 2038 |
Amount offered (mln denars) |
125 |
Amount sold (mln denars) |
125 |
Total bids placed (mln denars) |
125 |
Coupon interest rate |
5.4% |
(1 euro = 61.74 denars)