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Bosnia's Serb Republic sells 19 mln euro of 7-yr T-notes - table

Bosnia's Serb Republic sells 19 mln euro of 7-yr T-notes - table Bragin Alexey/Shutterstock.com

SARAJEVO (Bosnia and Herzegovina), December 2 (SeeNews) - Bosnia's Serb Republic sold 37.2 million marka ($20.9 million/19 million euro) worth of seven-year Treasury notes, above its 35.8 million marka target, at an auction on Monday, data by the Banja Luka Stock Exchange (BLSE) showed.

The government paper was sold at 103.93% of par, with the weighted average yield falling to 1.70% from 1.90% at the last auction of seven-year government securities held on August 19, BLSE data showed. 

Monday's issue carries a coupon of 2.30%, lower than the 2.50% coupon of the August issue. 

Coupon payments are due yearly. The principal is payable at maturity. 

Details follow (in millions of marka):

  Dec 2 Aug 19
Amount offered 35.8 35
Amount sold 37.2 36.4
Total bids placed 80.9 77.8
Coupon  2.30% 2.50%
Yield  1.70% 1.90%

(1 euro = 195583 marka) 

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