SARAJEVO (Bosnia and Herzegovina), April 25 (SeeNews) – Bosnia's Muslim-Croat Federation sold out its entire offering of 30 million marka ($16.7 million/15.3 million euro) of three-month Treasury bills on the Sarajevo Stock Exchange, the finance ministry said on Tuesday.
The government securities were sold at an average weighted price equal to 99.9560 of par, the ministry said in a statement. The weighted average yield dropped to 0.18%, from 0.27% achieved at the previous auction of three-month T-bills held on April 11, as the issue was heavily oversubscribed.
The issue will mature on July 26.
|
April 25 |
April 11 |
Amount sold (mln marka) |
30 |
20 |
Total bids placed (mln marka) |
72.5 |
56.2 |
Avg weighted price (pct of par) |
99.9560% |
99.9327% |
Yield |
0.18% |
0.27% |
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)