SARAJEVO (Bosnia and Herzegovina), December 27 (SeeNews) – Bosnia's Federation sold on Tuesday 40 million marka ($21.4/20.5 million euro) worth of three-year Treasury notes on the Sarajevo Stock Exchange, meeting its target, the entity's finance ministry said.
The government securities were sold at an average weighted price equal to 99.8814% of par, corresponding to a yield of 2.992%, up slightly from 2.211% achieved in the previous similar auction held on December 17 last year, the ministry said in a filing with the Sarajevo bourse.
Demand totalled 99.6 million marka compared to an offer of 40 million marka.
|
December 27'16 |
December 17'15 |
Amount offered (mln marka) |
40 |
60 |
Amount sold (mln marka) |
40 |
60 |
Total bids placed (mln marka) |
99.6 |
93.95 |
Yield |
2.992% |
2.211% |
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)