Bosnia's Federation sells 20.5 mln euro of 3-yr T-notes

Bids placed at the auction held on the Sarajevo Stock Exchange (SASE) totalled 92 million marka, the finance ministry said.

The government securities were sold at an average accepted price of 99.9719% of par, yielding 0.06%.

The T-note issue will mature on December 4, 2022. 

At the last auction of three-year T-notes held on September 24, the Federation sold 30 million marka worth of government securities at a 0.09% yield.

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

(1 euro = 1.95583 marka)