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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|
|Total bids placed||45.3||79.7|
The Serb Republic is one of two autonomous entities that from Bosnia. The other one is the Federation.
(1 euro = 1.95583 marka)