May 19 (SeeNews) - Bosnia's Serb Republic sold 36.4 million marka ($19.6 million/18.6 million euro) worth of seven-year Treasury notes, below its 40 million marka target, at two auctions, data by the Banja Luka Stock Exchange (BLSE) showed on Thursday.
The government paper was sold at 99.37% of par, with the weighted average yield increasing to 3.60% from 1.99% at the last auction of seven-year government securities held in March 2021, BLSE data showed.
The issue carries a coupon of 3.50%, higher than the 2.70% coupon of the March 2021 issue.
Details follow (in millions of marka):
|
May 18-19, '22 |
March 22, '21 |
Amount offered |
40 |
20 |
Amount sold |
36.4 |
20.9 |
Total bids placed |
51.08 |
52.3 |
Coupon |
3.50% |
2.70% |
Yield |
3.60% |
1.99% |
(1 euro = 1.95583 marka)