SKOPJE (North Macedonia), June 18 (SeeNews) – North Macedonia's finance ministry sold 860 million denars ($15.6 million/ 13.9 million euro) worth of government securities at auctions on June 18, the country's central bank said on Tuesday.
The finance ministry sold 300 million denars of one-year T-bills and 560 million denars of 15-year T-bonds, the central bank, NBRM, said in a statement.
The central bank sells government securities on behalf of the finance ministry through volume tenders, in which the price and coupon are fixed in advance and primary dealers only bid with amounts.
1-year T-bills
Auction date |
June 18 |
Maturity date |
June 17, 2020 |
Amount offered (mln denars) |
300 |
Amount sold (mln denars) |
300 |
Total bids placed (mln denars) |
1,429 |
Interest |
0.80% |
15-year T-bonds
Auction date |
June 18 |
Maturity date |
February 28, 2034 |
Amount offered (mln denars) |
560 |
Amount sold (mln denars) |
560 |
Total bids placed (mln denars) |
691 |
Interest |
3.20% |
(1 euro = 61.07 denars)