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Bosnia's Federation sells 15.3 mln euro of 5-yr T-notes

Nov 12, 2019, 3:49:38 PMArticle by Stefan Radulovikj
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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.

Bosnia's Federation sells 15.3 mln euro of 5-yr T-notes
Author: The government of Bosnia's Federation. Licence: All rights reserved.

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)

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