October 5 (SeeNews) - North Macedonia's finance ministry said it will offer two issues of government securities worth a total of 1.3 billion denars ($21.1 million/21.2 million euro) at an auction on October 10, the country's central bank said.
The ministry will offer 275 million denars worth of 15-years government bonds with a with a 4.40% coupon and 1 billion denars worth of one-year Treasury bills with a 2.30% interest rate at two separate auctions, the central bank said in an auction notice on Tuesday.
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 |
275 |
4.40% |
1-year T-Bills |
1,030 |
2.30% |
(1 euro = 61.54 denars)