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Bosnia's Serb Republic to offer 15 mln euro of T-notes on Dec 11

Nov 30, 2023, 9:38:36 AMArticle by Dragana Petrushevska
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November 30 (SeeNews) - Bosnia and Herzegovina's Serb Republic said on Thursday it will offer 30 million marka ($16.8 million/15.3 million euro) worth of five-year Treasury notes at an auction on the Banja Luka Stock Exchange (BLSE) on December 11.

Bosnia's Serb Republic to offer 15 mln euro of T-notes on Dec 11
Photo: www.fmf.gov.ba

The entity's government will offer 30,000 government securities at 1,000 marka in par value each, which will mature on December 13, 2028, it said in a filing to the BLSE.

The T-notes carry a fixed annual interest rate of 5.8%.

At the last auction of five-year T-notes held on September 25, the Serb Republic sold 15 million marka worth of government securities, at 6% interest rate.

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

(1 euro = 1.95583 marka)

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