April 1 (SeeNews) - North Macedonia's finance ministry sold 7 billion denars ($133 million/114 million euro) worth of government securities at three auctions held on March 30, central bank data showed.
The ministry sold 750 million denars worth of one-year Treasury bills and a total of 6.2 billion denars worth of seven-year T-notes at two other auctions, the central bank data showed.
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 |
March 30, 2021 |
Maturity date |
March 30, 2022 |
Amount offered (mln denars) |
750 |
Amount sold (mln denars) |
750 |
Total bids placed (mln denars) |
750 |
Interest rate |
0.40% |
Seven-year T-notes
Auction date |
March 30, 2021 |
Maturity date |
April 1, 2028 |
Amount offered (bln denars) |
4.07 |
Amount sold (bln denars) |
4.07 |
Total bids placed (bln denars) |
4.07 |
Interest rate |
1.625% |
Seven-year T-notes
Auction date |
March 30, 2021 |
Maturity date |
April 1, 2028 |
Amount offered (bln denars) |
2.13 |
Amount sold (bln denars) |
2.13 |
Total bids placed (bln denars) |
2.13 |
Interest rate |
1.625% |
(1 euro = 61.62 denars)