SARAJEVO (Bosnia and Herzegovina), December 11 (SeeNews) – Bosnia's Federation sold out its entire offering of 20 million marka ($11.6 million/10.2 million euro) worth of nine-month Treasury bills in Tuesday's auction on the Sarajevo Stock Exchange, the entity's finance ministry said.
The bills were sold at an average weighted price equal to 100.1001% of par, the Federation finance ministry said in a press release. The weighted average yield was negative 0.134%, down from negative 0.105% achieved at the last nine-month T-bill auction held in October 2018.
The issue was heavily oversubscribed, with the value of received bids totalling 96 million marka.
The T-bills will mature on September 11, 2019.
Details follow:
|
December 11 |
October 16 |
Amount sold (mln marka) |
20 |
20 |
Total bids placed (mln marka) |
96.0 |
126.5 |
Par value |
100.1001% |
100.0786% |
Yield |
-0.134% |
-0.105% |
The Federation is one of the two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)