Bosnias Federation sells EUR 10mn of 6-mo T-bills.

By bne IntelliNews February 29, 2012
Bosnias Federation sold BAM 19.76mn (EUR 10mn) worth of six-month Treasury bills on the Sarajevo bourse on February 28, the bourse said. Investors bought a total of 2,000 securities at an average discount price equal to 98.78% of par, the bourse said on its website. The T-bills par value is BAM 10,000 each. The securities mature on August 29, 2012. This was the Federations third six-month T-bills issue. It placed a BAM 65mn issue in September 2011, selling 6,500 securities at an average accepted price equal to 98.8547% of par. In November 2011, the Federation sold a second T-bills issue of BAM 25mn at an average price equal to 98.8598% of par. The Federation makes up Bosnia together with the Serb Republic.

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