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Bosnia's Serb Republic sells 9.4 mln euro of 10-yr T-notes - table

Dec 15, 2022, 1:34:53 PMArticle by Dragana Petrushevska
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December 15 (SeeNews) - Bosnia's Serb Republic sold 18.3 million marka ($9.9 million/9.4 million euro) worth of ten-year Treasury notes, below its 20 million marka target, data by the Banja Luka Stock Exchange showed on Thursday.

Bosnia's Serb Republic sells 9.4 mln euro of 10-yr T-notes - table
Photo: www.fmf.gov.ba

The government paper was sold at auctions on December 14 and 15, at par value, with the weighted average yield rising to 6% from 2.50% at the previous auction of ten-year T-notes held in February 2021, according to information published by the BLSE.

The issue carries a coupon of 6%, higher than the 3% coupon of the 2021 issue.

Coupon payments are due yearly. The principal is payable at maturity.

Details follow (in millions of marka):

Dec 14 and 15, 2022 Feb 22 and 23, 2021
Amount offered 20 25
Amount sold 18.313 25.9
Total bids placed 18.314 42.1
Coupon 6.00% 3.0%
Yield 6.00% 2.50%

(1 euro = 1.95583 marka)

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