October 7 (SeeNews) - Bosnia's Serb Republic sold 17.1 million marka ($9.6 million/8.7 million euro) worth of ten-year Treasury notes at an auction on Monday, below its 30 million marka target, Banja Luka bourse data showed.
The government paperс wере sold at 100.01% of par, with the weighted average yield falling to 2.30% from 3.25% at the last auction of ten-year T-notes held in April, according to information on the Banja Luka bourse's website.
The issue carries a 2.30% coupon, lower than the 4.0% coupon of the April issue.
Coupon payments are due yearly. The principal of the issue is payable at maturity.
Details follow (in millions of marka):
|
October 7 |
April 3 |
Amount offered |
30 |
30 |
Amount sold |
17.1 |
31.9 |
Total bids placed |
32.3 |
79.7 |
Coupon |
2.30% |
4.0% |
Yield |
2.30% |
3.25% |
The Serb Republic is one of two autonomous entities forming Bosnia. The other one is the Federation.
(1 euro = 1.95583 marka)