BANJA LUKA (Bosnia and Herzegovina), February 19 (SeeNews) – Bosnia’s Serb Republic will offer 15 million marka ($9.5 million/7.7 million euro) of six-month Treasury bills at an auction on February 27, the entity's finance ministry said on Monday.
The Treasury bills have a par value of 10,000 marka each and will mature on August 27, 2018, the finance ministry said in a tender notice.
At the last auction of six-month Treasury bills, held on January 11, the Serb Republic raised 20 million marka. The yield was 0.3001%, unchanged from the yield achieved at the previous auction held on October 9.
The Serb Republic is one of the two autonomous entities forming Bosnia. The other is the Federation of Bosnia and Herzegovina.
(1 euro=1.95583 Bosnian marka)