The ministry will offer 2.6 billion denars worth of one-year Treasury bills, 1.2 billion denars worth of 15-year government bonds and 650 million denars worth of three-year T-notes, 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 | 2,600 | 4.25% |
15-year bonds | 1,200 | 6.15% |
3-year notes | 650 | 4.45% |
(1 euro = 61.61 denars)