September 26 (SeeNews) - Bosnia's Federation government gave its consent on Thursday for the sale of two issues of Treasury notes, worth a combined 100 million marka ($56.0 million/51.1 million euro).
The government approved at a cabinet session the issue of 40 million marka three-year T-notes, as well as the issue of 60 million marka in five-year Treasury notes, the government said in a press release.
However, there is a possibility that the two issues will be canceled due to the current liquidity of the Federation budget, the statement said.
On September 24, the Federation ministry sold 30 million marka worth of three-year Treasury notes, in line with target.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 195583 marka)