SARAJEVO (Bosnia and Herzegovina), June 8 (SeeNews) – The finance minister of Bosnia's Serb Republic said the entity will issue five-year bonds worth 200 million euro ($235.5 million) on the Vienna Stock Exchange on June 21.
The bonds will mature on June 28, 2023, the Serb Republic's finance minister, Zoran Tegeltija, said at a news conference aired by the entity's public broadcaster RTRS.
This will be the entity's first bond issue on the international market.
"In Europe, only Bosnia and Herzegovina has not issued bonds on the international market due to the complicated system, and we at the ministry of finance are aware of all the risks," Tegeltija said.
The Serb Republic is one of the two entities that form Bosnia and Herzegovina, the other is the Federation.
($=0.849149 euro)