SARAJEVO (Bosnia and Herzegovina), November 12 (SeeNews) – Bosnia's Federation entity sold out a 30 million marka ($16.9 million/15.3 million euro) issue of five-year Treasury notes at an auction on Tuesday, the Federation's finance ministry said.
Bids placed at the auction held on the Sarajevo Stock Exchange (SASE) totalled 77 million marka, the finance ministry said in a filing with SASE.
The government securities were sold at an average accepted price of 99.9182% of par, yielding 0.217%.
The T-notes sold on Tuesday will mature on November 13, 2024.
At the last auction of five-year T-notes held in December 2018, the Federation sold 20 million marka worth of government securities at a 0.9% yield.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)