Macedonia's central bank sells EUR 117.7mn of 28-day bills at regular auction.

By bne IntelliNews November 25, 2011
The central bank announced that it sold at the regular weekly auction 28-day central bank bills with a total amount of MKD 7.16bn (EUR 117.7mn). The yield on the bills remains fixed at 4%. The bills are used by the authority to manage the liquidity of the banking system. Bills with a total amount of MKD 6.62bn matured yesterday, Nov 24, and the outstanding amount of the instrument thus increased by MKD 0.54bn to MKD 29.85bn.

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