April 2 (SeeNews) - Bosnia's Serb Republic has sold 40.4 million marka ($22.6 million/20.7 million euro) worth of six-month Treasury bills, below its 50 million marka target, at an auction on April 1, the Banja Luka Stock Exchange (BLSE) said.
The government securities were sold at 99.4% of par, which translates into a weighted average yield of 1.19%, up from 0% yield at the previous auction of six-month T-bills held on March 2, the BLSE said in a notice on Wednesday.
Details follow (in millions of marka):
|
April 1 |
March 2 |
Amount offered |
50 |
23 |
Amount sold |
40.4 |
22 |
Total bids placed |
40.5 |
22 |
Yield |
1.19% |
0% |
The Serb Republic is one of two autonomous entities that form Bosnia. The other one is the Federation.
(1 euro = 1.95583 marka)