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Sep 27, 2023 09:50 EEST
September 27 (SeeNews) - Bosnia and Herzegovina's Federation sold out a 40 million marka ($21.6 million/20.5 million euro) issue of seven-year Treasury notes at an auction held on September 26, the entity's finance ministry said.
Bids placed in the auction held on the Sarajevo Stock Exchange (SASE) totalled 70.5 million marka, the finance ministry said in a statement filed with the bourse on Tuesday.
The government securities were sold at an average accepted price of 99.8912% of par, bearing an interest rate of 3.269%.
The T-notes issue will mature on September 27, 2030.
At the last auction of seven-year T-notes held in May, the Federation sold 30 million marka worth of government securities at a yield of 3.626%.
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)
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