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N. Macedonia to sell 3.8 bln denars (61.3 mln euro) of govt paper on Sep 17

N. Macedonia to sell 3.8 bln denars (61.3 mln euro) of govt paper on Sep 17 Toshe Ognjanov/Shutterstock.com

SKOPJE (North Macedonia), September 12 (SeeNews) – North Macedonia's finance ministry will offer two issues of government securities worth a total of 3.8 billion denars ($67.6 million/61.3 million euro) at an auction on September 17, according to notices published by the country's central bank.

The offer comprises 1.1 billion denars worth of one-year T-bills and 2.7 billion 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 (bln denars) Coupon
1-year 1.1 0.7%
15-year 2.7 3.1%

(1 euro= 61.09 denars)

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