August 30 (SeeNews) - North Macedonia's finance ministry will offer to investors three issues of fixed-rate government securities worth 3.6 billion denars ($63.6 million/58.5 million euro) in total on September 5, central bank data showed on Wednesday.
The ministry will offer 2.4 billion denars worth of one-year Treasury bills at one auction and a total of 1.2 billion denars worth of 15-year government bonds at two other auctions, 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 bills |
2,400 |
4.25% |
| 15-year bonds |
1,000 |
6.15% |
| 15-year bonds |
200 |
5.90% |
(1 euro = 61.56 denars)