N. Macedonia to offer 2.2 bln denars (36 mln euro) of govt paper on Nov 3

The ministry will offer 1.5 billion denars worth of one-year Treasury bills, 250 million denars worth of five-year Treasury notes and 450 million denars worth of two-year Treasury notes, the central bank announced 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:

(1 euro = 61.56 denars)