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Bosnia's Serb Republic sells out 30 mln marka (15.3 mln euro) of 10-yr T-notes - table

Bosnia's Serb Republic sells out 30 mln marka (15.3 mln euro) of 10-yr T-notes - table Author: Tourist Organisation of the Serb Republic. Licence: All rights reserved.

BANJA LUKA (Bosnia and Herzegovina), October 9 (SeeNews) - Bosnia's Serb Republic has sold out a 30 million marka ($16.8 million/15.3 million euro) issue of ten-year Treasury notes this week, data by the Banja Luka Stock Exchange shows.

The government paper was sold at auctions on October 7 and 8 at 100.01% of par, with the weighted average yield falling to 2.30% from 3.25% at the last auction of ten-year T-notes held in April, according to information published by the BLSE on Tuesday.

The issue carries a coupon of 2.30%, lower than the 4.0% coupon of the April issue.

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

Details follow (in millions of marka):

Auction date October 7, 8 April 3
Amount offered 30 30
Amount sold 30 31.9
Total bids placed 45.3 79.7
Coupon 2.30% 4.0%
Yield 2.30% 3.25%

The Serb Republic is one of two autonomous entities that from Bosnia. The other one is the Federation.

(1 euro = 1.95583 marka)

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