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)