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Reading: Federation of BiH borrowed 50 Million BAM at Negative Interest Rate
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Sarajevo Times > Blog > BUSINESS > Federation of BiH borrowed 50 Million BAM at Negative Interest Rate
BUSINESS

Federation of BiH borrowed 50 Million BAM at Negative Interest Rate

Published: June 24, 2021
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On Tuesday, the Federation of Bosnia and Herzegovina borrowed 50 million BAM through the auction of treasury bills. The Federation issued treasury bills with a maturity of one year through the Sarajevo Stock Exchange. What is interesting is that the bills were sold at a negative interest rate of -0.002 percent.

This means that the collected total of 50,001,000 BAM, or 1,000 BAM more than the FBiH will return in a year, will be returned to investors. The total amount of received bids was 165 million BAM, which shows that the interest of investors was great.

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