January 4 (SeeNews) - North Macedonia's finance ministry will offer two issues of government securities worth a total of 2.4 billion denars ($41.7 million/39.3 million euro) at an auction on January 10, the central bank said on Wednesday.
The ministry will offer 100 million denars worth of 15-years government bonds with a 5.4% coupon, and 2.3 billion denars worth of one-year Treasury bills bearing 3.5% interest, the central bank said in a statement.
The central bank sells 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 |
100 |
5.4% |
1-year T-Bills |
2,323 |
3.5% |
(1 euro = 61.59 denars)