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Bosnia's Serb Republic sells 12.9 mln euro of 6-mo T-bills

May 29, 2024, 2:27:33 PMArticle by Dragana Petrushevska
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May 29 (SeeNews) - Bosnia's Serb Republic sold 25.3 million marka ($14 million/12.9 million euro) worth of six-month Treasury bills at an auction on Wednesday, above its 20 million marka target, the Banja Luka Stock Exchange said.

Bosnia's Serb Republic sells 12.9 mln euro of 6-mo T-bills

The government paper was sold at 98.03% of par, with the weighted average yield standing at 4.00%, the Banja Luka bourse said in a notice.

The government securities will mature on November 29, 2024.

Details for the last two auctions of six-month Treasury bills follow (in millions of marka):

May 29 April 18
Amount offered 20 10
Amount sold 25.3 14.8
Total bids placed 25.4 14.8
Average accepted price 98.0339% of par 98.0445% of par
Yield 4.00% 4.00%

The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The Federation is the other entity.

(1 euro = 1.956 marka)

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