SKOPJE (Macedonia), September 13 (SeeNews) – Macedonia will offer four issues of government securities worth a total of 3.5 billion denars ($65.7 million/56.6 million euro) at an auction on September 18, according to notices posted on the website of the country's central bank, NBRM.
The offer comprises 1.8 billion denars of one-year Treasury bills, 1.0 billion denars of three-year Treasury bills, 300 million denars of 15-year Treasury bonds and 400 million denars of 15-year Treasury bonds, NBRM data shows.
NBRM 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 Treasury paper issues follow:
|
Amount (mln denars) |
Coupon |
1-year |
1,800 |
0.90% |
3-year |
1,000 |
1.50% |
15-year |
300 |
2.90% |
15-year |
400 |
3.40% |
(1 euro = 61.18 denars)