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Bosnia's Serb Republic to offer 5.1 mln euro of T-bills on Apr 18

Apr 12, 2024, 10:00:35 AMArticle by Dragana Petrushevska
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April 12 (SeeNews) - Bosnia and Herzegovina’s Serb Republic will offer 10 million marka ($5.5 million/5.1 million euro) worth of six-month Treasury bills at an auction on April 18, the entity's finance ministry said.

Bosnia's Serb Republic to offer 5.1 mln euro of T-bills on Apr 18
Bosnian marka Source: www.vladars.net

The government securities of 10,000 marka in par value each will mature on October 18, 2024, the finance ministry said in a notice on the Banja Luka Stock Exchange on Thursday.

The Serb Republic's finance ministry sold 17.5 million marka worth of securities at the last auction of six-month T-bills held on February 26. The government paper was sold at 98.06% 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)

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