BANJA LUKA (Bosnia and Herzegovina), September 22 (SeeNews) – Bosnia's Serb Republic will offer 15 million marka ($8.6 million/7.7 million euro) in six-month Treasury bills on October 3, the finance ministry said on Thursday.
The government papers have a par value of 10,000 marka, the finance ministry said in a bourse filing. They will mature on April 3, 2017.
Earlier this month, the Serb Republic sold 15 million marka in six-month Treasury bills at an average yield of 0.3%, down from 1.5% achieved at the previous six-month T-bill auction held on April 4.
The Serb Republic is one of the two autonomous entities forming Bosnia and Herzegovina. The other one is the Muslim-Croat Federation.
(1 euro=1.95583 Bosnian marka)