April 18 (SeeNews) - Bosnia's Serb Republic sold 14.8 million marka ($8.1 million/7.6 million euro) worth of six-month Treasury bills at an auction on Thursday, above its 10 million marka target, the Banja Luka Stock Exchange said.
The government paper was sold at 98.04% of par, with the weighted average yield standing at 4.00%, the Banja Luka bourse said in a notice.
The government securities will mature on October 18, 2024.
Details for the last two auctions of six-month Treasury bills follow (in millions of marka):
|
April 18 |
February 26 |
Amount offered |
10 |
15 |
Amount sold |
14.8 |
17.5 |
Total bids placed |
14.8 |
17.6 |
Average accepted price |
98.0445% of par |
98.0550% of par |
Yield |
4.00% |
4.00% |
The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The Federation is the other entity.
(1 euro = 1.956 marka)