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Bosnia's Federation to offer one-year T-bills on April 2

Mar 28, 2024, 4:54:53 PMArticle by Annie Tsoneva
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March 28 (SeeNews) - Bosnia's Federation entity will offer 30 million marka ($16.6 million/15.3 million euro) of one-year Treasury bills at an auction on the Sarajevo Stock Exchange (SASE) on April 2, the entity's finance ministry said.

Bosnia's Federation to offer one-year T-bills on April 2
Sarajevo. Source: The tourism association of Canton Sarajevo

The par value of the T-bills, which will mature on April 2, 2025, is 10,000 marka apiece, the finance ministry said in a notice filed with the SASE.

At the last auction of one-year T-bills held on June 13, 2023, the Federation sold 29.7 million marka worth of government securities at an average interest rate of 1.1547%.

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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