January 24 (SeeNews) - North Macedonia's finance ministry sold 1.5 billion denars ($26.3 million/24.2 million euro) worth of government securities, central bank data showed on Tuesday.
The finance ministry sold 839.6 million denars worth of one-year Treasury bills bearing 3.5% interest rate and 653.1 million denars worth of 15-year bonds with a 5.4% coupon at two separate 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.
One-year T-bills
Auction date |
January 24, 2023 |
Maturity date |
January 24, 2024 |
Amount offered (mln denars) |
950 |
Amount sold (mln denars) |
839.6 |
Total bids placed (mln denars)
|
839.6 |
Interest rate |
3.5% |
Total bids placed (mln denars)
15-year bonds
Auction date |
January 24, 2023 |
Maturity date |
January 12, 2038 |
Amount offered (mln denars) |
653.1 |
Amount sold (mln denars) |
653.1 |
Total bids placed (mln denars) |
653.1 |
Coupon interest rate |
5.4% |
(1 euro = 61.57 denars)