April 8 (SeeNews) - Bosnia and Herzegovina's Federation entity will offer 40 million marka ($22.2 million/20.5 million euro) of three-year Treasury notes at an auction on the Sarajevo Stock Exchange (SASE) on April 16, the entity's finance ministry said on Monday.
The par value of the T-notes, which will mature on April 17, 2027, is 1,000 marka apiece, the finance ministry said in a notice filed with the SASE.
At the last auction of three-year T-notes held in March, the Federation sold 30 million marka worth of government securities at a coupon rate of 4.30%.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.956 marka)