SKOPJE (North Macedonia), October 21 (SeeNews) – North Macedonia's finance ministry will offer government securities worth a total of 3.65 billion denars ($70 million/59 million euro) at two auctions on October 27, the central bank said on Wednesday.
The ministry will offer 2.75 billion denars worth of one-year Treasury bills at one auction and 900 million denars of 15-year government bonds at another auction, 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:
|
Amount (bln denars) |
Coupon |
1-year T-bills |
2.75 |
0.4% |
15-year bonds |
0.9 |
2.5% |
(1 euro = 61.84 denars)