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N. Macedonia sells 860 mln denars (13.9 mln euro) of govt paper – table

N. Macedonia sells 860 mln denars (13.9 mln euro) of govt paper – table Toshe Ognjanov/Shutterstock.com

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)

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