August 17 (SeeNews) - North Macedonia's finance ministry sold 1.9 billion denars ($31 million/30.5 million euro) worth of government securities, central bank data showed.
The ministry sold 1.6 billion denars worth of 15-year Government bonds at one auction, as well as 310 million denars worth of one-year Treasury bills at another auction, the central bank data showed on Tuesday.
The central bank sells government securities on behalf of the finance ministry through volume tenders in which the price and coupon are set in advance and primary dealers bid only with amounts.
Details of the auctions follow:
15-year bonds
Auction date |
August 16, 2022 |
Maturity date |
August 18, 2027 |
Amount offered (mln denars) |
1,567 |
Amount sold (mln denars) |
1,567 |
Total bids placed (mln denars) |
1,567 |
Interest rate |
4.000% |
One-year T-bills
Auction date |
August 16, 2022 |
Maturity date |
August 2, 2023 |
Amount offered (mln denars) |
310 |
Amount sold (mln denars) |
310 |
Total bids placed (mln denars) |
310 |
Interest rate |
2.00% |
(1 euro = 61.58 denars)