November 29 (SeeNews) - North Macedonia's finance ministry sold 2.6 billion denars ($44.3 million/42.7 million euro) worth of government securities, central bank data showed on Tuesday.
The finance ministry sold 2.3 billion denars worth of one-year Treasury bills bearing 3.20% interest rate and 352.4 million denars worth of 15-year bonds with a 5.2% 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 |
November 29, 2022 |
Maturity date |
November 29, 2021 |
Amount offered (mln denars)
|
2,277 |
Amount sold (mln denars) |
2,277 |
Total bids placed (mln denars) |
2,277 |
Interest rate |
3.20% |
Amount offered (mln denars)
15-year bonds
Auction date |
November 29, 2022 |
Maturity date |
December 1, 2037 |
Amount offered (mln denars) |
352.4 |
Amount sold (mln denars) |
352.4 |
Total bids placed (mln denars) |
352.4 |
Coupon interest rate |
5.2% |
(1 euro = 61.63 denars)