September 5 (SeeNews) - Bosnia's municipality of Istocni Stari Grad said on Monday that its 1.8 million marka ($912,600/920,300 euro) 10-year municipal bond issue was admitted to trading on the Banja Luka Stock Exchange (BLSE).
A total of 18,000 bonds with a par value of 100 marka each will start trading on the BLSE on September 7, Istocni Stari Grad said in a bourse filing.
The debt paper, which matures on September 1, 2032, bears annual interest of 4.20% paid semi-annually.
Istocni Stari Grad is located in Istocno Sarajevo city in the Serb Republic, one of two autonomous entities that form Bosnia and Herzegovina. The Federation is the other entity.
(1 euro = 1.95583 marka)