Yesterday, the Ministry of Finance of the Republic of Srpska sold 210,000 five-year bonds of the Republika Srpska with a nominal value of 1,000 BAM per bond, with an interest rate of 6.1 percent, through the Banja Luka Stock Exchange.
“Investors showed great interest at yesterday’s auction, which is evidenced by the fact that the demand for securities was 14 million BAM higher than planned and amounted to 224.28 million BAM,” the relevant ministry announced.
Institutional investors participated in the 60 transactions, as well as thirty individuals from the Republika Srpska, the Federation of Bosnia and Herzegovina, and EU countries.
The issue of bonds is planned by the budget of Republika Srpska and is in accordance with the Law on Borrowing, Debt and Guarantees, which defines the purpose of borrowing. The purpose of the debt is budget spending and projects, and repayment of old debt.
