March 21 (SeeNews) - North Macedonia's finance ministry will offer two issues of government securities worth a total of 1 billion denars ($18.4 million/16.1 million euro) at an auction on March 26, according to notices published by the country's central bank.
The offer comprises 600 million denars of 5-year Treasury notes and 400 million denars of 15-year Treasury bonds.
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 (mln denars) |
Coupon |
5-year |
600 |
1.70% |
15-year |
400 |
3.20% |
(1 euro= 61.17 denars)