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Bosnia's Serb Republic sells 17.1 mln marka (8.7 mln euro) of 10-yr T-notes - table

Oct 7, 2019, 5:02:52 PMArticle by Stefan Radulovikj
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October 7 (SeeNews) - Bosnia's Serb Republic sold 17.1 million marka ($9.6 million/8.7 million euro) worth of ten-year Treasury notes at an auction on Monday, below its 30 million marka target, Banja Luka bourse data showed.

Bosnia's Serb Republic sells 17.1 mln marka (8.7 mln euro) of 10-yr T-notes - table
Author: Nick Savchenko Licence: CC BY-SA 2.0

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)

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