Macedonia's central bank sells EUR 115.3mn of 28-day bills at regular auction.

By bne IntelliNews November 10, 2011
The central bank announced that it sold at the regular weekly auction 28-day central bank bills for a total of MKD 7.09bn (EUR 115.3mn). The yield on the bills remains fixed at 4%. The bills are being used by the authority to manage the liquidity of the banking system. Those debt securities usually have 28-day maturity. Yesterday, bills with a total amount of MKD 8.55bn have matured and the outstanding amount of the instrument thus decreased by MKD 1.46bn to MKD 27.53bn.

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