SKOPJE (North Macedonia), May 6 (SeeNews) – North Macedonia's finance ministry will offer to investors government securities worth a total of 2.54 billion denars ($49.5 million/41.1 million euro) at three auctions on May 11, the central bank said.
The ministry will offer 1.85 billion denars worth of one-year Treasury bills, 300 million denars worth of five-year T-notes and 390 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 auctions follow:
Type |
Amount (mln denars) |
Coupon |
1-year T-bills |
1,850 |
0.50% |
5-year T-notes |
300 |
1.20% |
15-year bonds |
390 |
2.50% |
(1 euro = 61.73 denars)