Republika Srpska Entity plans to sell Treasury Bills in Amount of 20 Million BAM

August 9, 2020 2:15 PM

Republika Srpska (RS) entity plans to sell entity treasury bills on August 17th in amount of 20 million BAM to secure money for budget expenditures.

The maturity of these short-term securities is one year, and no currency clause has been specified.

This is the 64th auction of treasury bills, which will be held on the Banja Luka Stock Exchange, at an Euribor interest rate of +1.75 percent, it is stated in the decision of the entity Ministry of Finance.

This is the fifth sale of RS short-term securities since the beginning of the year. In April, the entity sold treasury bills worth about 40million BAM, although the planned amount of debt was 50 million.

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