June 28 (SeeNews) - Bosnia's Federation sold out a 30 million marka ($16.2 million/15.3 million euro) issue of six-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 39.4 million marka, the finance ministry said in a statement filed with the bourse.
The government securities were sold at an average accepted price of 99.8812% of par, bearing an interest rate of 2.70%.
The T-notes issue will mature on June 29, 2028.
At the last auction of six-year T-notes held on June 29, 2021, the Federation sold 30 million marka worth of government securities at 0.794% interest rate.
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)