March 28 (SeeNews) - Bosnia's Federation entity will offer 30 million marka ($16.6 million/15.3 million euro) of one-year Treasury bills at an auction on the Sarajevo Stock Exchange (SASE) on April 2, the entity's finance ministry said.
The par value of the T-bills, which will mature on April 2, 2025, is 10,000 marka apiece, the finance ministry said in a notice filed with the SASE.
At the last auction of one-year T-bills held on June 13, 2023, the Federation sold 29.7 million marka worth of government securities at an average interest rate of 1.1547%.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.956 marka)