BANJA LUKA (Bosnia and Herzegovina), August 24 (SeeNews) – In SeeNews story "Bosnia's Serb Republic to offer 10.2 mln euro in 7-yr T-bonds" dated August 19, please read in the title "...to offer 20.5 mln euro..." instead of "... to offer 10.2 mln euro...", to comply with an official correction issued by the entity's finance ministry.
Also, please read in the lead "...will offer 40 million marka ($23 million/20.5 million euro)..." instead of "...will offer 20 million marka ($11.6 million/10.2 million euro)...".
A corrected version of the article follows:
Bosnia’s Serb Republic will offer 40 million marka ($23 million/20.5 million euro) in Treasury bonds on the Banja Luka bourse on September 5, the finance ministry said on Wednesday.
The government paper has a par value of 1,000 marka apiece, with an interest rate fixed at 4.5% per annum, the finance ministry said in a bourse filing. The issue matures on September 7, 2023.
At the last 7-year bond auction, held on March 1, the Serb Republic sold securities worth 20 million marka with a yield of 4.5%, down from 6% achieved in June 2012.
The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Muslim-Croat Federation.
(1 euro=1.95583 Bosnian marka)