Bosnia's Serb Republic to offer 49 mln euro of T-bills on June 25

The government securities of 10,000 marka in par value each will mature on December 25, 2024, the finance ministry said in a notice on the Banja Luka Stock Exchange.

The Serb Republic's finance ministry sold 25.3 million marka worth of securities at the last auction of six-month T-bills held on May 29. The government paper was sold at 98.03% of par, with the weighted average yield standing at 4.00%.

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

(1 euro = 1.956 marka)