Bosnia's Federation sells 5 mln euro worth of one-year T-bills

The securities were sold at 96.1622% of par, with an average interest rate of 4.0023%, as demand totalled 12.55 million marka, the entity's finance ministry said in a filing with the SASE.

They will mature on April 2, 2025.

At the last auction of one-year T-bills held on June 13, 2023, the Federation sold 29.7 million marka worth of government securities at an average interest rate of 1.1547%.

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

(1 euro = 1.956 marka)