Bosnia's Serb Republic to offer 15.3 mln euro of 5-yr T-notes on Dec 21

The offered government securities will have a par value of 1,000 marka each and will mature on December 23, 2027, the finance ministry said in a tender notice.

The securities will have a fixed annual interest rate of 5%, the statement read.

At the last auction of five-year T-notes held in October, the Serb Republic's finance ministry sold government securities worth 30 million marka. The sold T-notes had an annual coupon of 5% and a 5% yield.

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

(1 euro = 1.95583 marka)