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.
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)