You have 5 free articles left this month. Get your free Basic subscription now and gain instant access to more.

N. Macedonia to offer 2 bln denars (33 mln euro) of 1-yr T-bills

N. Macedonia to offer 2 bln denars (33 mln euro) of 1-yr T-bills Photo: www.fmf.gov.ba

SKOPJE (N. Macedonia), November 24 (SeeNews) - North Macedonia's finance ministry will offer to investors one-year Treasury bills worth a total of 2.05 billion denars ($37.4 million/33.3 million euro) at two auctions on November 30, the central bank said on Wednesday.

The ministry will offer 1.1 billion denars worth of T-bills at one auction and 950 million denars worth of T-bills at a separate auction, 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:

Type Amount (mln denars) Coupon
1-year T-bills 1,100 0.50%
1-year T-bills 950 0.40%

(1 euro = 61.54 denars)

Compare