November 24 (SeeNews) - North Macedonia's finance ministry will offer two issues of government securities worth a total of 1.9 billion denars ($32.3 million/31.1 million euro) at an auction on November 29, the country's central bank said on Thursday.
The ministry will offer 270 million denars worth of 15-years government bonds with a 5.2% coupon and 1.6 billion denars worth of one-year Treasury bills with a 3.2% interest rate, the central bank said in an auction announcement.
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.
|
Amount (mln denars) |
Interest rate |
15-year
T-bonds |
270 |
5.2% |
1-year T-Bills
|
1,645 |
3.2% |
1-year T-Bills
(1 euro = 61.63 denars)