February 7 (SeeNews) - North Macedonia's finance ministry sold some 2.9 billion denars ($49.7 million/46.5 million euro) worth of government securities, central bank data showed on Tuesday.
The finance ministry sold close to 2 billion denars worth of one-year Treasury bills bearing 3.7% interest rate and 872 million denars worth of 15-year Treasury bonds with a 5.6% coupon at two separate auctions, the central bank 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 set in advance and primary dealers bid only with amounts.
One-year T-bills
Auction date |
February 7, 2023 |
Maturity date |
February 7, 2024 |
Amount offered (mln denars)
|
1,989 |
Amount sold (mln denars) |
1,989 |
Total bids placed (mln denars) |
1,989 |
Interest rate |
3.7% |
Amount offered (mln denars)
15-year bonds
Auction date |
February 7, 2023 |
Maturity date |
February 9, 2038 |
Amount offered (mln denars) |
871.9 |
Amount sold (mln denars) |
871.9 |
Total bids placed (mln denars) |
871.9 |
Coupon interest rate |
5.6% |
(1 euro = 61.49 denars)