September 8 (SeeNews) - Bosnia and Herzegovina's Serb Republic said on Friday it will offer 15 million marka ($8.2 million/7.7 million euro) worth of five-year Treasury notes at an auction on the Banja Luka Stock Exchange (BLSE) on September 25.
The entity's government will offer 15,000 government securities at 1,000 marka in par value each, which will mature on September 27, 2028, it said in a filing to the BLSE.
At the last auction of five-year T-notes held on September 6, the Serb Republic sold 130 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)