Government of FB&H yesterday offered for sale at the Sarajevo Stock Exchange 70,000 bonds of the Federation of B&H with maturity of seven years, of total nominal value amounting to 70 million BAM.
Bonds of nominal value of 1,000 BAM per bond were sold for average weighted interest rate of 3,899 percent, with maturity date on November 27, 2022.
“Total amount of received bids is 132,100,000.00 BAM, and total amount of accepted bids is 70,000,000.00 BAM. The highest accepted price amounted to 103.4760 with interest rate of 3.29 percent, while the lowest accepted price amounted to 97.3636 with interest rate of 4.29 percent. Weighted average accepted price amounted to 99.7188 with interest rate of 3.899 percent. Total amount of collected funds is 69,803,170.80 BAM,” stated the Ministry of Finance of B&H.
At the session held on November 12, the Government of FB&H reached three decisions on loans of FB&H by issuing bonds, which represent substitute of 200 million BAM for the arrangement with IMF in 2015.
(Source: klix.ba)