January 20 (SeeNews) - North Macedonia's central bank said it sold 9.985 billion denars ($175.4 million/161.8 million euro) worth of 28-day central bank (CB) bills at an auction on January 18, slightly below its target.
The interest rate on the securities, which equals the central bank's monetary policy rate, was set at 4.75%, the central bank said in a statement.
Details of the last two auctions of central bank bills follow:
Auction date |
Jan 18, '23 |
Dec 14, '22 |
Maturity date |
Feb 15, '23 |
Jan 18, '22 |
Amount offered (bln denars) |
10 |
10 |
Bids placed (bln denars) |
9.985 |
9.473 |
Amount sold (bln denars) |
9.985 |
9.473 |
(1 euro = 61.7114 denars)