SKOPJE (North Macedonia), January 20 (SeeNews) – North Macedonia's finance ministry will offer to investors government securities worth a total of 1.5 billion denars ($29.5 million/24.4 million euro) at three auctions on January 26, the central bank said on Wednesday.
The ministry will offer 900 million denars worth of one-year Treasury bills, 300 million denars worth of Treasury notes and 300 million denars worth of 15-year government bonds, 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 issues follow:
|
Amount (mln denars) |
Coupon |
1-year T-bills |
900 |
0.40% |
2-year T-notes |
300 |
0.60% |
15-year govt bonds |
300 |
2.50% |
(1 euro = 61.58 denars)