May 17 (SeeNews) - North Macedonia's finance ministry will offer to investors three issues of fixed-rate government securities worth 900 million denars ($15.8 million/14.6 million euro) in total on May 23, the central bank said on Wednesday.
The ministry will offer 330 million denars worth of one-year Treasury bills at one auction and 570 million denars worth of 15-year government bonds at two other auctions, the central bank said in a notice.
The central bank will sell the government securities on behalf of the finance ministry through a volume tender, in which the price and coupon are set in advance and primary dealers bid only with amounts.
Details follow:
Type |
Amount (mln denars) |
Interest rate |
1-year T-bills |
330 |
4.00% |
15-year bonds |
300 |
5.65% |
15-year bonds |
270 |
5.90% |
(1 euro = 61.61 denars)