SARAJEVO (Bosnia and Herzegovina), April 11 (SeeNews) – Bosnia's Muslim-Croat Federation sold out its entire offering of 20 million marka ($10.9 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 99.9327 of par, the ministry said in a statement. The weighted average yield turned to 0.27%, from a negative 0.006% achieved at the previous three-month T-bill auction held on August 23.
Total bids for the government paper, due to mature on July 12, equaled 56.2 million marka.
|
April 11 |
August 23 |
Amount sold (mln marka) |
20 |
20 |
Total bids placed (mln marka) |
56.2 |
51.5 |
Par value |
99.9327 |
100.0016 |
Yield |
0.27% |
-0.006% |
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)