SARAJEVO (Bosnia and Herzegovina), August 23 (SeeNews) – Bosnia's Muslim-Croat Federation sold out its entire offering of 20 million marka ($11.6 million/10.2 million euro) in three-month Treasury bills on the Sarajevo Stock Exchange, the finance ministry said on Tuesday.
The bonds were sold at an average weighted price equal to 100.0016 of par, the ministry said in a statement. The weighted average yield turned to a negative 0.006%, from 0.19% achieved at the previous three-month T-bill auction held on April 12.
Total bids for the government paper, due to mature on November 23, equaled 51.5 million marka.
|
August 23 |
April 12 |
Amount sold (mln marka) |
20 |
30 |
Total bids placed (mln marka) |
51.5 |
67.2 |
Par value |
100.0016 |
99.9538 |
Yield |
-0.006% |
0.19% |
The Federation is one of the two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro=1.95583 marka)