In a noteworthy financial maneuver, North Macedonia has successfully raised 58 million euros by issuing one-year treasury bills. This latest auction highlights the country’s ongoing efforts to manage public debt efficiently while maintaining investor confidence in its fiscal policy. The demand for these short-term securities reflects a stable economic outlook despite global uncertainties.

The auction results revealed varying interest rates, with the weighted average yield settling at competitive levels compared to previous issuances. Key details of the treasury bill sale include:

  • Tenor: 1 Year
  • Amount Raised: 58 million euros
  • Bid-to-Cover Ratio: Moderately strong demand
  • Issuer: Ministry of Finance, North Macedonia
Parameter Details
Issue Date April 25, 2024
Maturity Date April 25, 2025
Weighted Average Yield 2.45%
Coupon Rate None (Discount Basis)