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Bosnia's Federation sells 30 mln marka (15.3 mln euro) of 10-yr T-notes

Bosnia's Federation sells 30 mln marka (15.3 mln euro) of 10-yr T-notes Photo: www.fmf.gov.ba

SARAJEVO (Bosnia and Herzegovina), June 21 (SeeNews) - Bosnia's Federation sold out a 30 million marka ($16.2 million/15.3 million euro) issue of ten-year Treasury notes at an auction held on Tuesday, the entity's finance ministry said.

Bids placed in the auction held on the Sarajevo Stock Exchange (SASE) totalled 34.80 million marka, the finance ministry said in a statement filed with the bourse.

The government securities were sold at an average accepted price of 99.8080% of par, yielding 1.587%.

The T-notes issue will mature on June 26, 2032.

At the last auction of ten-year T-notes held in June 2021, the Federation's finance ministry sold securities worth 30 million marka, in line with target.

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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