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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|
|Total bids placed||80.9||77.8|
(1 euro = 195583 marka)