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Bosnia's Federation to offer 3-yr T-notes on March 26

Mar 19, 2024, 2:19:52 PMArticle by Dragana Petrushevska
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March 19 (SeeNews) - Bosnia's Federation entity will offer 30 million marka ($16.6 million/15.3 million euro) of three-year Treasury notes at an auction on the Sarajevo Stock Exchange (SASE) on March 26, the entity's finance ministry said on Tuesday.

Bosnia's Federation to offer 3-yr T-notes on March 26
Bosnian marka Source: www.vladars.net

The par value of the T-notes, which will mature on March 27, 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 October, the Federation sold 20 million marka worth of government securities at a coupon rate of 3.20%.

The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.

(1 euro = 1.956 marka)

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