May 16 (SeeNews) - Bosnia’s Federation will offer 20 million marka ($11.1 million/10.2 million euro) worth of ten-year Treasury notes at an auction on May 23, the entity's finance ministry said on Tuesday.
The government securities of 1,000 marka in par value each will mature on May 24, 2033, the finance ministry said in a tender notice.
At the last auction of ten-year T-notes held on June 21, 2022, the Federation's finance ministry sold securities worth 30 million marka, in line with target. The government securities were sold at an average accepted price of 99.8080% of par, yielding 1.587%.
The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The Serb Republic is the other one.
(1 euro = 1.95583 marka)