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Bosnia's Serb Republic sells 8.9 mln euro of 6-mo T-bills

Feb 26, 2024, 2:40:03 PMArticle by Dragana Petrushevska
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February 26 (SeeNews) - Bosnia's Serb Republic sold 17.5 million marka (9.7 million/8.9 million euro) worth of six-month Treasury bills at an auction on Monday, above its 15 million marka target, the Banja Luka Stock Exchange said.

Bosnia's Serb Republic sells 8.9 mln euro of 6-mo T-bills
Photo: www.fmf.gov.ba

The government paper was sold at 98.06% 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 August 26, 2024.

Details follow (in millions of marka):

February 26 February 22
Amount offered 15 20
Amount sold 17.5 21.92
Total bids placed 17.6 21.99
Average accepted price 98.0550% of par 98.0550% of par
Yield 4.00% 4.00%

(1 euro = 1.956 marka)

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