SKOPJE (North Macedonia), April 15 (SeeNews) – North Macedonia's finance ministry sold 5.88 billion denars ($104.5 million/95.3 million euro) worth of Treasury bills at two auctions on April 14, the central bank said.
The finance ministry sold 2.63 billion denars worth of one-year T-bills and 3.25 billion denars worth of six-month T-bills, 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 only bid with amounts.
Details of the auctions follow:
One-year T-bills
Auction date |
April 14, 2020 |
Maturity date |
April 14, 2021 |
Amount offered (mln denars) |
2,700 |
Amount sold (mln denars) |
2,630 |
Total bids placed (mln denars) |
2,630 |
Interest rate |
0.50% |
Six-month T-bills
Auction date |
April 14, 2020 |
Maturity date |
October 14, 2020 |
Amount offered (mln denars) |
3,250 |
Amount sold (mln denars) |
3,250 |
Total bids placed (mln denars) |
3,250 |
Interest rate |
0.20% |
(1 euro = 61.68 denars)