September 15 (SeeNews) - North Macedonia's finance ministry will offer to investors two government securities issues worth a total of 530 million denars ($8.576 million/ 8.604 million euro) on September 20, the central bank said on Thursday.
The ministry will offer 280 million denars worth of 15-year government bonds with a 4.2% coupon and 250 million denars worth of one-year Treasury bills with 2% interest rate at two separate auctions, the central bank said in an auction notice.
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) |
Coupon |
15-Years
T-bonds |
280 |
4.2% |
1-Year T-Bills |
250 |
2% |
(1 euro = 61.58 denars)