Macedonia will offer 2 billion denars ($38.3 million/32.4 million euro) worth of four government securities issues at an auction on August 8, according to notices posted on the website of the country's central bank, NBRM.
The offer comprises 150 million denars of six-month Treasury bills, 200 million denars of one-year T-bills, 450 million denars of five-year T-notes and 1.2 billion 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.