SKOPJE (North Macedonia), April 2 (SeeNews) – North Macedonia's finance ministry sold 892 million denars ($15.8 million/14.5 million euro) worth of government securities at auctions on March 31, the central bank said.
The finance ministry sold 849 million denars worth of one-year treasury bills and 43 million denars worth of 15-year government bonds, the central bank said in a notice.
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 with amounts.
Details of the auctions follow:
One-year T-bills
| Auction date |
March 31, 2020 |
| Maturity date |
March 31, 2021 |
| Amount offered (mln denars) |
849 |
| Amount sold (mln denars) |
849 |
| Total bids placed (mln denars) |
1,000 |
| Interest rate |
0.50% |
15-year T-bonds
| Auction date |
March 31, 2020 |
| Maturity date |
February 13, 2035 |
| Amount offered (mln denars) |
43 |
| Amount sold (mln denars) |
43 |
| Total bids placed (mln denars) |
100 |
| Interest rate |
2.90% |
(1 euro = 61.3736 denars)