March 28 (SeeNews) - North Macedonia's finance ministry sold some 2.1 billion denars ($36.9 million/34.1 million euro) worth of government securities at three auctions on Tuesday, central bank data showed.
The finance ministry sold 1.1 billion denars worth of one-year Treasury bills at one auction and a total of 997.95 million denars worth of 15-year government bonds at two other auctions, 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 |
March 28, 2023 |
Maturity date |
March 27, 2024 |
Amount offered (mln denars)
|
1,096 |
Amount sold (mln denars) |
1,096 |
Total bids placed (mln denars) |
1,096 |
Interest rate |
4.00% |
Amount offered (mln denars)
15-year bonds
Auction date |
March 28, 2023 |
Maturity date |
March 30, 208 |
Amount offered (mln denars) |
688.8 |
Amount sold (mln denars) |
688.8 |
Total bids placed (mln denars) |
688.8 |
Coupon interest rate |
5.90% |
15-year bonds
Auction date |
March 28, 2023 |
Maturity date |
March 30, 2038 |
Amount offered (mln denars) |
309.15 |
Amount sold (mln denars) |
309.15 |
Total bids placed (mln denars) |
309.15 |
Coupon interest rate |
5.65% |
(1 euro = 61.65 denars)