September 20 (SeeNews) - Bosnia's Serb Republic sold 47.857 million marka ($24.5 million/24.5 million euro) worth of three-month Treasury bills at an auction on Tuesday, above its 30 million marka target, the Banja Luka Stock Exchange said.
The government paper was sold at 99.7025% of par, with the weighted average yield standing at 1.2101%, the Banja Luka bourse said in a notice.
The government securities will mature on December 20.
Details follow (in millions of marka):
|
September 20 |
Amount offered |
30 |
Amount sold |
47.857 |
Total bids placed |
47.857 |
Average accepted price |
99.7025 |
Yield |
1.2101% |
The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The Federation is the other entity.
(1 euro = 1.95583 marka)