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Macedonia to sell 55.3 mln Euro of government paper

SKOPJE (Macedonia) - Macedonia's finance ministry will offer 3.44 billion denars ($68 million/55.3 million euro) of government securities with different maturities at an auction on March 6, according to notices posted on the website of the country's central bank.

The offer comprises 2.8 billion denars of one-year Treasury bills, 300 million of one-year Treasury bills, 200 million denars of two-year T-notes, 70 million denars of 15-year Treasury notes and another issue of 70 million denars of 15-year T-bonds.

NBRM will sell the government securities on behalf of the finance ministry through a volume tender, in which the price and coupon are fixed in advance and primary dealers bid only with amounts.


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