April 12 (SeeNews) - Bosnia and Herzegovina’s Serb Republic will offer 10 million marka ($5.5 million/5.1 million euro) worth of six-month Treasury bills at an auction on April 18, the entity's finance ministry said.
The government securities of 10,000 marka in par value each will mature on October 18, 2024, the finance ministry said in a notice on the Banja Luka Stock Exchange on Thursday.
The Serb Republic's finance ministry sold 17.5 million marka worth of securities at the last auction of six-month T-bills held on February 26. The government paper was sold at 98.06% of par, with the weighted average yield standing at 4.00%.
The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The Federation is the other entity.
(1 euro = 1.956 marka)