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N. Macedonia's c-bank sells 7.1 bln denars (115 mln euro) of CB bills - table

N. Macedonia's c-bank sells 7.1 bln denars (115 mln euro) of CB bills - table Toshe Ognjanov/Shutterstock.com

SKOPJE (N. Macedonia), August 10 (SeeNews) - North Macedonia's central bank said it sold 7.105 billion denars ($117.8 million/114.9 million euro) worth of 35-day central bank (CB) bills at an auction on Wednesday, below its target.

The interest rate on the securities, which equals the central bank's monetary policy rate, was set at 2.50%, the central bank said in notice.

The central bank said earlier on Wednesday it decided to keep the key policy rate unchanged at 2.50% after four consecutive hikes this year.

Details of the last two auctions of central bank bills follow:

Auction date August 10 July 13
Maturity date Sept 14

Aug 10

Amount offered (bln denars) 10 10
Bids placed (bln denars) 7.105 6.807
Amount sold (bln denars) 7.105 6.807

Aug 10

(1 euro = 61.49 denars)

 
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