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

Bids placed in the auction held on the Sarajevo Stock Exchange (SASE) totalled 81.1 million marka, according to a filing published on the website of the bourse.

The government securities were sold at an average accepted price of 99.9898% of par, bearing a coupon rate of 4.40%.

The T-notes issue will mature on April 17, 2027.

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

(1 euro = 1.956 marka)