SARAJEVO (Bosnia and Herzegovina), October 11 (SeeNews) – Bosnia's Federation entity will offer 40 million marka ($22.5 million/20.5 million euro) of seven-year Treasury notes at an auction on the Sarajevo Stock Exchange (SASE) on October 15.
The par value of the T-notes, which will mature on October 16, 2026, is 1,000 marka apiece.
At the last auction of seven-year T-notes held on May 28 the Federation sold 30 million marka worth of government securities at a yield of 0.8%.
The Federation is one of two autonomous entities forming Bosnia and Herzegovina. The other one is the Serb Republic.
(1 euro = 1.95583 marka)