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