September 1 (SeeNews) - North Macedonia's finance ministry said it will offer three issues of government securities worth a total of 2.55 billion denars ($41.5 million/41.4 million euro) at an auction on September 6.
The ministry will offer 1.55 billion denars worth of one-year Treasury bills bearing 2% interest, 600 million denars worth of 15-years government bonds with a 4.2% coupon and 400 million denars worth of 15-years government bonds with a 4% coupon at three separate auctions, the central bank said in a notice on Wednesday.
The central bank 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.
Type |
Amount (mln denars) |
Interest rate |
15-year
T-bonds |
600 |
4.2% |
15-year
T-bonds |
400 |
4% |
1-year T-Bills
|
1,550 |
2% |
1-year T-Bills
(1 euro = 61.55 denars)