BANJA LUKA (Bosnia and Herzegovina), January 30 (SeeNews) – Bosnia's Serb Republic raised 19.8 million marka ($10.8 million/10.1 million euro) in an auction of one year Treasury bonds on the Banja Luka Stock Exchange, the finance ministry said on Monday.
The T-bills were sold at an average weighted price equal to 99.0100% of par, while the average yield was 1.0054%, up from a yield of 0.3% achieved at a similar auction held on July 4, the finance ministry said in a bourse filing.
The government paper will mature on January 29, 2018.
The total amount of received bids equalled 37.4 million marka versus 20 million marka on offer.
|
January 30'17 |
July 4'16 |
Amount offered (mln marka) |
20 |
10 |
Amount sold (mln marka) |
19.8 |
10 |
Total bids placed (mln marka) |
37.4 |
35.9 |
Bid-to-cover ratio |
1.9 |
3.6 |
Yield % |
1.0054% |
0.3000% |
The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation.
(1 euro=1.95583 Bosnian marka)