•  
  •  
  •  

Bosnia's Serb Republic to auction 51.1 mln euro of 5-yr T-notes on Jan 29

Bosnia's Serb Republic to auction 51.1 mln euro of 5-yr T-notes on Jan 29 License: Creative Commons CC0

BANJA LUKA (Bosnia and Herzegovina), January 12 (SeeNews) – Bosnia's Serb Republic said on Monday it will auction 100 million marka ($62.1 million/51.1 million euro) of five-year Treasury notes on January 29.

The government securities, with a nominal value of 1,000 marka each, will bear a fixed annual interest rate of 3%, the entity's finance ministry said in a bourse filing. The issue will mature on January 31, 2023.

The Serb Republic finance ministry raised 15.5 million marka in the last year of five-year T-notes held on November 1. The weighted average yield at the auction was 2.76%.

The Serb Republic is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation of Bosnia and Herzegovina.

(1 euro=1.95583 Bosnian marka)

Compare
5 / 5 free articles left
Get more for free. Sign up for Basic subscription
Get full access. Upgrade to Premium subscription