The RS to borrow another 40 million BAM in September?

rsOn the 5th of September, Republika Srpska will offer entity bonds in the amount of 40 million BAM for sale at the Banja Luka Stock Exchange, and not 20 million BAM as previously announced.

In the public invitation for subscription and payment of the bonds of the RS was noted that the interest rate is fixed and on annual basis it is 4.5 %.

Prime Minister of the RS, Zeljka Cvijanovic, stated that it was estimated that there is interest and the possibility that, instead of 20 million, they sell bonds worth 40 million BAM.

“It will be certainly possible to realize that kind of issue of bonds,” said Cvijanovic.

Payments of fees to political parties from the entity budget are late in the RS, and she assures that payments from the budget of RS will be made in a certain order and government’s estimates about payments.

She said that the priority are payments to agricultural producers.

(Source: klix.ba)

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