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BANJA LUKA (Bosnia and Herzegovina), January 3 (SeeNews) – Bosnia’s Serb Republic will offer 20 million marka ($12.3 million/10.2 million euro) of six-month Treasury bills at an auction on January 11, the entity's finance ministry said on Wednesday.
The Treasury bills have a par value of 10,000 marka each, according to data posted on the Banja Luka bourse. They will mature on July 11, 2018.
At the latest auction of six-month Treasury bills, held on October 9, the Serb Republic sold government securities worth 13 million marka. The yield fell to 0.3001% from 0.4480% achieved at a similar auction held on September 18.
The Serb Republic is one of two autonomous entities forming Bosnia. The other one is the Federation of Bosnia and Herzegovina.
(1 euro=1.95583 Bosnian marka)