BANJA LUKA (Bosnia and Herzegovina), February 28 (SeeNews) – Bosnia's Serb Republic will offer 10 million marka ($5.4 million/5.1 million euro) in six-month Treasury bills at an auction on March 9, the finance ministry said on Tuesday.
The T-bills have a par value of 10,000 marka each and will be sold on the Banja Luka Stock Exchange, the finance ministry said in a statement. They will mature on September 8, 2017.
Earlier this month, the Serb Republic sold 10 million marka in six-month Treasury bills at an average yield of 0.8235%.
The Serb Republic is one of the two autonomous entities forming Bosnia and Herzegovina. The other one is the Federation of Bosnia and Herzegovina.
(1 euro=1.95583 Bosnian marka)