BUSINESS

Federation of BiH borrowed 50 Million BAM at Negative Interest Rate

On Tuesday, the Federation of Bosnia and Herzegovina borrowed 50 million BAM through the auction of treasury bills. The Federation issued treasury bills with a maturity of one year through the Sarajevo Stock Exchange. What is interesting is that the bills were sold at a negative interest rate of -0.002 percent.

This means that the collected total of 50,001,000 BAM, or 1,000 BAM more than the FBiH will return in a year, will be returned to investors. The total amount of received bids was 165 million BAM, which shows that the interest of investors was great.

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