SKOPJE (N. Macedonia), April 2 (SeeNews) – North Macedonia’s finance ministry will offer to investors government securities worth a total of 4.4 billion denars ($77.3 million/71.5 million euro) on April 8, the central bank said on Wednesday.
The ministry will offer 3.5 billion denars worth of one-year Treasury bills, 600 million denars worth of three-year T-notes and 300 million denars worth of 15-year government bonds at three 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.
Details on the auctions follow:
(1 euro = 61.56 denars)