September 6 (SeeNews) - Bosnia's Serb Republic sold 130 million marka ($71.4 million/66.5 million euro) worth of five-year Treasury notes on Wednesday, in line with target, data by the Banja Luka Stock Exchange showed.
The government paper was sold at par value, with the weighted average yield standing at 6.00%, slightly lower compared with 6.10% at the previous auction of five-year T-notes held in August, according to information published by the BLSE.
The issue carries a coupon of 6.00%, down from the coupon of 6.10% of the August issue.
Coupon payments are due yearly. The principal is payable at maturity.
Details follow (in millions of marka):
| |
September 6 |
August 2 |
| Amount offered |
130 |
35 |
| Amount sold |
130 |
35 |
| Total bids placed |
143.17 |
37 |
| Coupon |
6.00% |
6.10% |
| Yield |
6.00% |
6.10% |
(1 euro = 1.95583 marka)