The ministry will offer 4 billion denars worth of one-year Treasury bills, 1 billion denars worth of 15-year government bonds and 1 billion denars worth of five-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 | 4,000 | 3.80% |
15-year bonds | 1,000 | 5.60% |
5-year notes | 1,000 | 4.20% |
(1 euro = 61.61 denars)