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Bosnia's Federation to offer 20.5 mln euro of 9-mo T-bills on Dec 12

Dec 4, 2023, 12:09:40 PMArticle by Dragana Petrushevska
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December 4 (SeeNews) - The finance ministry of Bosnia's Federation said on Monday it will offer for sale 40 million marka ($22.2 million/20.5 million euro) worth of nine-month Treasury bills at an auction on the Sarajevo Stock Exchange (SASE) on December 12.

Bosnia's Federation to offer 20.5 mln euro of 9-mo T-bills on Dec 12
Photo: www.fmf.gov.ba

The T-bills of 10,000 marka in par value each will mature on September 11, 2024, the entity's finance ministry said in a filing with the SASE.

At the last auction of nine-month T-bills held in June 2022, the Federation sold 50 million marka worth of government securities at a negative 0.0299% yield.

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)

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