May 22 (SeeNews) - Bosnia's Federation government said it plans to auction 30 million marka ($16.7 million/15.3 million euro) worth of 15-year Treasury notes, in order to cover 2020 budget expenditures.
The Federation will offer for sale 30,000 securities with a par value of 1,000 marka each, the government said in a statement on Thursday.
The entity's finance ministry is due to inform the public about the date of the auction no later than seven days prior to the sale.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)