June 13 (SeeNews) - Bosnia's Federation sold on Tuesday 30 million marka ($17.2 million/15.3 million euro) of six-month Treasury bills on the Sarajevo Stock Exchange, meeting its target, the entity's finance ministry said.
The T-bills were sold at an average weighted price equal to 99.8677% of par, corresponding to a yield of 0.27%, up from 0.25% achieved at the previous auction of six-month T-bills held on June 6, the ministry said in filing with the Sarajevo bourse.
Demand totalled 31.9 million marka, compared to an offer of 30 million marka.
|
June 13 |
June 6 |
Amount offered (mln marka) |
30 |
30 |
Amount sold (mln marka) |
30 |
30 |
Total bids placed (mln marka) |
31.9 |
53.3 |
Yield |
0.27% |
0.25% |
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)