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Bosnia's Federation cancels May 21 government debt auction

May 20, 2024, 11:48:14 AMArticle by Dragana Petrushevska

May 20 (SeeNews) - The finance ministry of Bosnia and Herzegovina's Federation said on Monday it cancelled the auction of 30 million marka ($16.7 million/15.3 million euro) worth of three-month Treasury bills scheduled for May 21.

Bosnia's Federation cancels May 21 government debt auction

Photo: www.fmf.gov.ba

The cancellation is due to the adequate liquidity level of the entity's budget and the current market conditions, the Federation's finance ministry said in a statement.

At the last auction of three-month T-bills held in 2017, the Federation sold 30 million marka worth of government securities at a 0.19% yield.

The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.956 marka)

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