Ministry of Finance sold 6-month treasury bills with forex clause in the amount of Denar 1,500,000,000 with 5% interest rate today.During the six-year development of securities market in the Republic of Macedonia, this has been the historically lowest interest rate on auctions of 6-month treasury bills. Since the introduction of instruments with forex clause, interest rate has been reduced by 50 basic points.
 
Treasury bills in the amount of Denar 1,500,000,000 were offered, while the demand amounted to Denar 1,717,030,000.
 
Repayment of 6-month treasury bills in the amount of Denar 1,500,000,000 falls due tomorrow, i.e. there will be no new issuance of debt by the state, but rather servicing of existing liabilities on the basis of previously issued treasury bills.
 
Ministry of Finance realized the announcements for reduction of interest rate on treasury bills, as well as reduction of the amount of borrowing through auctions, at the same time, fulfilling the demands of the business community. This is certainly a positive signal for cutting interest rates in the economy and support to the economy, which we believe will be followed by the other institutions.
