Bosnian region raises $14.8mln via 5-yr bond issue at lower yield

Slightly more than it sought to plug a budget gap and finance maturing debt

  

SARAJEVO- Bosnia's autonomous Serb Republic raised 25.5 million Bosnian marka ($14.8 million) via an issue of five-year domestic bonds, slightly more than it sought to plug a budget gap and finance maturing debt, the Banja Luka Stock Exchange said on Wednesday.

Below are the auction details:

Latest Previous YIELD 2.80% 3.10% COUPON 3.20% 3.20% OFFER 25 million marka 25 million marka TOTAL BIDS 46.4 million marka 28 million marka ASSIGNED 25.5 million marka 25.1 million marka

($1 = 1.7227 marka)

(Reporting by Maja Zuvela) ((maja.zuvela@thomsonreuters.com; +387 33 295 485; Reuters Messaging: maja.zuvela.thomsonreuters.com@reuters.net))

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