SKOPJE (North Macedonia), June 30 (SeeNews) – North Macedonia's finance ministry sold 517 million denars ($9.4 million/8.4 million euro) worth of one-year Treasury bills at an auction on June 30, the central bank said on Tuesday.
The issue of the T-bills bears an interest rate of 0.6%, the central bank said in a tender 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 only bid with amounts.
Details of the auction follow:
Auction date |
June 30, 2020 |
Maturity date |
June 16, 2021 |
Amount offered (mln denars) |
620 |
Amount sold (mln denars) |
517 |
Total bids placed (mln denars) |
517 |
Interest rate |
0.6% |
(1 euro = 61.52 denars)