September 13 (SeeNews) - North Macedonia's finance ministry will offer to investors two issues of fixed-rate government securities worth 1.1 billion denars ($19.2 million/17.9 million euro) in total on September 19, central bank data showed on Wednesday.
The ministry will offer 550 million denars worth of one-year Treasury bills at one auction and 550 million denars worth of 15-year government bonds at another auction, according to the central bank data.
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 |
550 |
4.25% |
| 15-year bonds |
550 |
6.15% |
(1 euro = 61.59 denars)