May 15 (SeeNews) - Bosnia and Herzegovina’s Serb Republic will offer 25 million marka ($13.9 million/12.8 million euro) worth of six-month Treasury bills at an auction on May 23, the entity's finance ministry said on Monday.
The government securities of 10,000 marka in par value each will mature on November 23, 2023, the finance ministry said in a notice on the Banja Luka Stock Exchange.
The Serb Republic's finance ministry sold 11.772 million marka worth of securities at the last auction of six-month T-bills held in February. The government paper was sold at 98.9267% of par, with the weighted average yield standing at 2.20%.
The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The Federation is the other entity.
(1 euro = 1.95583 marka)