N. Macedonia to offer 5.4 bln denars (87.6 mln euro) of govt paper on Nov 17

The ministry will offer 3.5 billion denars worth of one-year Treasury bills, 380 million denars worth of three-year Treasury notes, 540 million denars worth of five-year Treasury notes and 1 billion 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 issues follow:

(1 euro = 61.67 denars)