April 12 (SeeNews) - Bosnia and Herzegovina's Serb Republic said on Friday it will offer 10 million marka ($5.4 million/5.1 million euro) worth of five-year Treasury notes at an auction on the Banja Luka Stock Exchange (BLSE) on April 22.
The entity's government will offer 10,000 government securities at 1,000 marka in par value each, which will mature on April 24, 2029, it said in a filing to the BLSE.
The T-notes carry a fixed annual interest rate of 6%.
At the last auction of five-year T-notes held on March 6, the Serb Republic sold 40 million marka worth of government securities, at 6% interest rate.
The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 1.956 marka)