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N. Macedonia to offer 24.3 mln euro of 1-yr T-bills on Nov 28

Nov 22, 2023, 3:11:39 PMArticle by Dragana Petrushevska
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November 22 (SeeNews) - North Macedonia's finance ministry will offer to investors one-year Treasury bills worth a total of 1.5 billion denars ($26.6 million/24.3 million euro) at an auction on November 28, the central bank said on Wednesday.

N. Macedonia to offer 24.3 mln euro of 1-yr T-bills on Nov 28
Photo: www.fmf.gov.ba

The interest rate of the government securities, which mature on November 27, 2024, is set at 4.25%, 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.

(1 euro = 61.62 denars)

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