SARAJEVO (Bosnia and Herzegovina), December 4 (SeeNews) – Bosnia's Federation plans to auction 20 million marka ($12.1 million/10.2 million euro) of six-month Treasury bills on December 12, the finance ministry said on Monday.
The par value of the government paper to be offered is 10,000 marka apiece, the finance ministry said in a notice posted on the website of the Sarajevo bourse.
The Treasury bills will mature on June 13.
The Federation raised 30 million marka at a 0.27% yield at its last auction of six-month T-bills held on June 13.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro=1.95583 Bosnian marka)