SKOPJE (N. Macedonia), June 22 (SeeNews) - North Macedonia's finance ministry will offer to investors government securities worth a total of 1.15 billion denars ($19.6 million/18.7 million euro) on June 28, the central bank said on Wednesday.
The ministry will offer 200 million denars worth of one-year Treasury bills, 600 million denars worth of three-month T-bills and 350 million denars worth of 15-year government bonds at three separate auctions, the central bank said in an auction notice.
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 on the auctions follow:
||Amount (mln denars)
||Coupon interest rate
(1 euro = 61.58 denars)