N. Macedonia to offer 2.6 bln denars (41.4 mln euro) of govt paper on Sept 6

September 1 (SeeNews) - North Macedonia's finance ministry said it will offer three issues of government securities worth a total of 2.55 billion denars ($41.5 million/41.4 million euro) at an auction on September 6.

The ministry will offer 1.55 billion denars worth of one-year Treasury bills bearing 2% interest, 600 million denars worth of 15-years government bonds with a 4.2% coupon and 400 million denars worth of 15-years government bonds with a 4% coupon at three separate auctions, the central bank said in a notice on Wednesday.

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.

Type	Amount (mln denars)	Interest rate
15-year T-bonds	600	4.2%
15-year T-bonds	400	4%
Toshe Ognjanov/Shutterstock.com 1-year T-Bills	1,550	2%