Bosnia's Federation sells 6-mo T-bills of 15.2 mln euro

The average weighted price accepted in the auction on Tuesday was equal to 99.0091% of par, translating into an average annual yield of 1.98%, the Sarajevo Stock Exchange said on its web site.

Demand totalled 61.93 million marka. A total of 3,000 T-bills with a par value of 10,000 marka each were sold.

The paper will mature on June 12, 2013.

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

(1 euro=1.95583 Bosnian marka)