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Reading: Government of the Republika Srpska borrowed another 36 Million BAM
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Sarajevo Times > Blog > POLITICS > Government of the Republika Srpska borrowed another 36 Million BAM
POLITICS

Government of the Republika Srpska borrowed another 36 Million BAM

Published June 21, 2023
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After borrowing 210 million marks on the Banja Luka Stock Exchange yesterday, the Government of the Republika Srpska borrowed another 36 million marks today.

Although the Government’s plan was to borrow 20 million BAM, they took more money, which they will return at an interest rate of 2.95 percent.

We remind you that the Government of RS sold bonds worth 210 million marks yesterday. They will pay them back over the next five years with an interest rate of 6.1 percent.

On June 28 of this year, the Republika Srpska owes 330 million marks of debt based on the issue of bonds on the Vienna Stock Exchange in 2018. The guarantor for the payment of that debt is the budget, that is, the Government of the RS.

The president of that entity, Milorad Dodik, said that the RS has money and that debt repayment is not in doubt, Klix.ba reports.

E.Dz.

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