N. Macedonia to auction 39 mln euro of govt paper on May 7

The ministry will offer 1.5 billion denars worth of one-year Treasury bills, 600 million denars worth of two-year Treasury notes and 300 million denars worth of 15-year government bonds, 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:

(1 euro = 61.56 denars)