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N. Macedonia to offer 4.9 mln euro of 1-yr T-bills on Apr 23

Apr 17, 2024, 3:34:16 PMArticle by Dragana Petrushevska
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April 17 (SeeNews) - North Macedonia's finance ministry will offer to investors one-year Treasury bills worth a total of 300 million denars ($5.2 million/4.9 million euro) at an auction on April 23, the central bank said on Wednesday.

N. Macedonia to offer 4.9 mln euro of 1-yr T-bills on Apr 23

The interest rate of the government securities, which mature on April 23, 2025, is set at 3.80%, 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 = 61.60 denars)

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