December 7 (SeeNews) - Bosnia's Serb Republic sold 13.5 million marka ($7.4 million /6.9 million euro) in six-month Treasury bills on the Banja Luka Stock Exchange, more than double the planned amount, the finance ministry said on Wednesday.
The T-bonds were sold at an average weighted price equal to 99.9504% of par, the finance ministry said in a bourse filing. The average yield was 0.1001%, down from 0.2999% achieved at the previous six-month T-bill auction held on October 3.
Bids placed totalled 25.2 million marka versus 5.1 million marka on offer.
The government paper will mature on June 6, 2017.
|
December 7 |
October 3 |
Amount offered (mln marka) |
5.13 |
15.00 |
Amount sold (mln marka) |
13.49 |
29.46 |
Weighted price |
99.9504% |
99.8515% |
Yield |
0.1001% |
0.2999% |
Bosnia and Herzegovina is made up of two autonomous entities, the mostly Serb-dominated Serb Republic and the mainly Bosniak and Croat populated Federation of Bosnia and Herzegovina.
(1 euro=1.95583 marka)