June 29 (SeeNews) - Bosnia's Federation finance ministry said it is cancelling the scheduled July 7 auction of 3-month Treasury bills, considering the budget's adequate liquidity and reduced financing needs.
The ministry made the announcement in a brief statement on its website on Friday.
Initially, it planned to issue 50 million marka ($29 million/26 million euro) worth of 3-month T-bills on July 7.
Including the cancelled auction, the Federation plans to sell an overall 290 million marka worth of short- and long-term debt on the domestic market in the third quarter of 2020, the ministry has said.
(1 euro = 1.95583 marka)