September 6 (SeeNews) - The finance ministry of Bosnia and Herzegovina's Federation said on Wednesday it will offer 40 million marka ($21.9 million/20.5 million euro) worth of seven-year Treasury notes at an auction on the Sarajevo Stock Exchange (SASE) on September 26.
The par value of the T-notes, which will mature on September 27, 2030, is 1,000 marka apiece, the Federation's finance ministry said in a filing to the SASE.
At the last auction of seven-year T-notes held in May, the Federation sold 30 million marka worth of government securities at a yield of 3.626%.
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)