SARAJEVO (Bosnia and Herzegovina), October 17 (SeeNews) – The Federation of Bosnia and Herzegovina sold out its entire offering of 20 million marka ($12.0 million/10.2 million euro) in nine-month Treasury bills on the Sarajevo Stock Exchange on Tuesday, the finance ministry said.
The bonds were sold at an average weighted price equal to 99.9596% of par, the finance ministry said in a press release. The weighted average yield was 0.05%, up from a negative yield of 0.0167% achieved at the last nine-month T-bills auction in October last year.
The total amount of received bids equalled 84.5 million marka.
The T-bills will mature on July 18, 2018.
|
October 17'17 |
October 18'16 |
Amount sold (mln marka) |
20 |
30 |
Total bids placed (mln marka) |
84.5 |
103.49 |
Par value |
99.9596% |
100.0125% |
Yield |
0.05% |
-0.0167% |
The Federation is one of the two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro=1.95583 Bosnian marka)