The government paperс wере sold at 100.01% of par, with the weighted average yield falling to 2.30% from 3.25% at the last auction of ten-year T-notes held in April, according to information on the Banja Luka bourse's website.
The issue carries a 2.30% coupon, lower than the 4.0% coupon of the April issue.
Coupon payments are due yearly. The principal of the issue is payable at maturity.
Details follow (in millions of marka):
October 7 | April 3 | |
Amount offered | 30 | 30 |
Amount sold | 17.1 | 31.9 |
Total bids placed | 32.3 | 79.7 |
Coupon | 2.30% | 4.0% |
Yield | 2.30% | 3.25% |
The Serb Republic is one of two autonomous entities forming Bosnia. The other one is the Federation.
(1 euro = 1.95583 marka)