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Nov 21, 2017 11:32 EEST
BANJA LUKA (Bosnia and Herzegovina), November 21 (SeeNews) – Bosnia’s Serb Republic will offer 10 million marka ($6 million/5.1 million euro) in seven-year Treasury bonds on the Banja Luka bourse on December 6, the finance ministry said.
The government paper has a par value of 1,000 marka apiece, with an interest rate fixed at 3.75% per annum, the finance ministry said in a bourse filing on Monday. The issue matures on December 8, 2024.
At the last seven-year bond auction, held on December 5 last year, the Serb Republic sold government securities worth 25.7 million marka. The yield achieved in the auction was 4.01%.
The Serb Republic is one of two autonomous entities forming Bosnia. The other one is the Federation of Bosnia and Herzegovina.
(1 euro=1.95583 Bosnian marka)
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