July 20 (SeeNews) - Bosnia's Serb Republic sold 40 million marka ($20.9 million/20.5 million euro) worth of five-year Treasury notes at an auction on Wednesday, the Banja Luka Stock Exchange said.
The government paper was sold at 97.80% of par, as the weighted average yield stood at 4.50%, up from 3.47% at the last auction of five-year T-notes held in April, the Banja Luka bourse said in a notice.
Details follow (in millions of marka):
|
July 20 |
April 19 |
Amount offered |
40 |
35 |
Amount sold |
40 |
34.9 |
Total bids placed |
51.6 |
41.5 |
Coupon |
4.00% |
3.40% |
Yield |
4.50% |
3.47% |
The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation.
(1 euro = 1.95583 marka)