September 14 (SeeNews) - Bosnia and Herzegovina's Serb Republic sold 50 million marka ($25.6 million/25.6 million euro) worth of seven-year Treasury notes, in line with its target, on Wednesday, data by the Banja Luka Stock Exchange (BLSE) showed.
The government paper was sold at par value, with the weighted average yield increasing to 5.00% from 3.60% at the last auction of seven-year government securities held in May, BLSE data showed.
The issue carries a coupon of 5.00%, higher than the 3.50% coupon of the May issue.
Details follow (in millions of marka):
|
September 14 |
May 18-19 |
Amount offered |
50 |
40 |
Amount sold |
50 |
36.4 |
Total bids placed |
75.19 |
51.08 |
Coupon |
5.00% |
3.50% |
Yield |
5.00% |
3.60% |
(1 euro = 1.95583 marka)