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Bosnia's Federation plans to sell 20.5 mln euro in 3-mo T-bills in March

Bosnia's Federation plans to sell 20.5 mln euro in 3-mo T-bills in March

SARAJEVO (Bosnia and Herzegovina), February 25 (SeeNews) – Bosnia's Muslim-Croat Federation plans to sell a total of 40 million marka ($28.1 million/20.5 million euro) in three-month Treasury bills via two auctions on the Sarajevo bourse in March, the entity’s finance ministry said on Tuesday.

A total of 2,000 T-bills with a par value of 10,000 marka each will be offered to investors in each of the auctions, which will be held on March 4 and March 18, the Federation’s finance ministry said in a statement e-mailed to SeeNews.

The three-month T-bills will mature on June 4 and June 18, respectively.

(1 euro=1.95583 Bosnian marka)

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