SKOPJE (Macedonia), September 18 (SeeNews) – Macedonia's finance ministry raised 3.5 billion denars ($66 million/56.6 million euro) from the sale of four issues of government securities on Tuesday, in line with its target, the country's central bank said.
The finance ministry sold 1.8 billion denars of one-year Treasury bills, 1 billion denars of three-year Treasury notes, 300 million denars of 15-year Treasury bonds and 400 million denars of 15-year Treasury bonds, the central bank, NBRM, said in a statement.
The central bank sells government securities on behalf of the finance ministry through volume tenders, in which the price and coupon are fixed in advance and primary dealers only bid with amounts.
1-year T-bills
Auction date |
September 18 |
Maturity date |
September 18, 2019 |
Amount offered (mln denars) |
1,800 |
Amount sold (mln denars) |
1,800 |
Total bids placed (mln denars) |
2,515 |
Interest |
0.9% |
3-year T-notes
Auction date |
September 18 |
Maturity date |
September 20, 2021 |
Amount offered (mln denars) |
1,000 |
Amount sold (mln denars) |
1,000 |
Total bids placed (mln denars) |
1,280 |
Interest |
1.50% |
15-year T-bonds
Auction date |
September 18 |
Maturity date |
September 20, 2033 |
Amount offered (mln denars) |
300 |
Amount sold (mln denars) |
300 |
Total bids placed (mln denars) |
510 |
Interest |
2.90% |
15-year T-bonds
Auction date |
September 18 |
Maturity date |
September 20, 2033 |
Amount offered (mln denars) |
400 |
Amount sold (mln denars) |
400 |
Total bids placed (mln denars) |
456 |
Interest |
3.40% |
(1 euro = 61.13 Macedonian denars)