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Bosnia's Federation sells 15 mln euro of 3-yr T-notes

Mar 26, 2024, 7:51:38 PMArticle by Annie Tsoneva
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March 26 (SeeNews) - Bosnia's Federation sold 30 million marka ($16.6 million/15.3 million euro) worth of three-year Treasury notes at an auction held on March 26, in line with its target, bourse data showed.

Bosnia's Federation sells 15 mln euro of 3-yr T-notes
Source: The tourism association of Canton Sarajevo

Bids placed in the auction held on the Sarajevo Stock Exchange (SASE) totalled 53.4 million marka, according to a filing published on the website of the bourse.

The government securities were sold at an average accepted price of 99.8805% of par, bearing a coupon rate of 4.30%.

The T-notes issue will mature on March 27, 2027.

The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.95583 marka)

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