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Bosnia's Federation sells 20.5 mln euro worth of five-year T-notes

Jun 25, 2024, 3:27:03 PMArticle by Dragana Petrushevska
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June 25 (SeeNews) - The finance ministry of Bosnia and Herzegovina's Federation said on Tuesday it sold 40 million marka ($21.9 million/20.5 million euro) worth of five-year Treasury notes at an auction on the Sarajevo Stock Exchange (SASE).

Bosnia's Federation sells 20.5 mln euro worth of five-year T-notes
Bosnia's Sarajevo Stock Exchange, SASE, Photo: www.fmf.gov.ba

The securities were sold at 99.9321% of par, at a coupon rate of 3.95%, as demand totalled 98.2 million marka, the entity's finance ministry said in a filing with the SASE.

The T-notes will mature on June 26, 2029.

At the previous auction of five-year T-notes held in October, the Federation sold 30 million marka worth of government securities, at 3.55% coupon rate.

The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.956 marka)

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