At yesterday’s auction, the RS sold 2,950 treasury bills worth 29.5 million BAM through Banja Luka Stock Exchange.
Although the planned value of the emission was 15 million BAM, the government of RS has decided to sell nearly twice as many of these short-term securities.
“Having in mind that favorable interest rate for even greater amount of treasury bills existed on the market, it was decided to sell an increased amount of treasury bills,” as stated from the Ministry of Finance of RS.
Trading is carried out at a single equilibrium price of 99.8515 BAM, with the realized interest rate of 0.29 %, and the due date is the 3rd of April.
Total bids amounted to 39.8 million BAM.
The RS needs the money from this indebtedness for financing this year’s budget expenditures.
The RS borrowed more than 170 million BAM through treasury bills this year alone.
(Source: fokus.ba)
