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Bosnia's Serb Republic plans to issue 7-yr T-notes worth 19 mln euro

Author Iskra Pavlova
Bosnia's Serb Republic plans to issue 7-yr T-notes worth 19 mln euro Author: The government of the Serb Republic. Licence: All rights reserved.

SARAJEVO (Bosnia and Herzegovina), January 17 (SeeNews) - Bosnia's Serb Republic sold 37.2 million marka ($20.9 million/19 million euro) worth of seven-year Treasury notes, above its 35.8 million marka target, at an auction on Monday, data by the Banja Luka Stock Exchange (BLSE) showed.

The government paper was sold at 103.93% of par, with the weighted average yield falling to 1.70% from 1.90% at the last auction of seven-year government securities held on August 19, BLSE data showed. 

Monday's issue carries a coupon of 2.30%, lower than the 2.50% coupon of the August issue. 

Coupon payments are due yearly. The principal is payable at maturity. 

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