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Sep 05, 2023 15:44 EEST
September 5 (SeeNews) - The finance ministry of Bosnia'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).
The securities were sold at 99.9894% of par, at an average interest rate of 2.85%, as demand totalled 108.7 million marka, the entity's finance ministry said in a filing with the SASE.
The T-notes will mature on September 6, 2028.
At the last auction of five-year T-notes held in June, the Federation sold 30 million marka worth of government securities, at 2.96% interest rate.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)
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