BANJA LUKA (Bosnia and Herzegovina), June 20 (SeeNews) – Bosnia’s Serb Republic raised 25.3 million marka ($14.4 million/12.9 million euro) in an auction of ten-year Treasury bonds, slightly above the planned 25 million marka, the finance ministry said.
The bonds were sold at 101.30% of par, with a weighted average yield of 4.34%, slightly down from the 4.999% achieved in June last year, the ministry said in a filing with the Banja Luka bourse.
Bids totalled 50.5 million marka.
On June 2 last year, the Serb Republic raised a combined 58.7 million marka in a two-day auction of ten-year Treasury bonds, below the planned 60 million marka. The bonds were sold at 100.01% of par, while bids equaled 58.8 million marka.
The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation.
(1 euro=1.95583 Bosnian marka)