SKOPJE (North Macedonia), February 25 (SeeNews) – North Macedonia's finance ministry sold 900 million denars ($15.7 million/14.5 million euro) worth of one-year Treasury bills at an auction on Tuesday, in line with its target, the central bank said.
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 follow:
Auction date |
Feb 25, 2020 |
Maturity date |
Feb 10, 2021 |
Amount offered (mln denars) |
900 |
Amount sold (mln denars) |
900 |
Total bids placed (mln denars) |
1,846 |
Interest rate |
0.50% |
(1 euro = 61.07 denars)