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Bosnia's Serb Republic to auction 6.6 mln euro of 6-mo T-bills on Oct 9

Author Maja Garaca
Bosnia's Serb Republic to auction 6.6 mln euro of 6-mo T-bills on Oct 9 Bragin Alexey/Shutterstock.com

BANJA LUKA (Bosnia and Herzegovina), September 29 (SeeNews) – Bosnia’s Serb Republic will offer 13 million marka ($7.8 million/6.6 million euro) of six-month Treasury bills at an auction on October 9, the entity's finance ministry said on Friday.

The T-bills have a par value of 10,000 marka each, according to data posted on the Banja Luka bourse. They will mature on April 9, 2018.

At the latest auction of six-month Treasury bills, held on September 18, the Serb Republic sold government securities worth 10 million marka. The yield fell to 0.4480% from 0.6935% achieved at the previous auction of six-month government securities on August 8.

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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