News in English     | 16.04.2020. 15:37 |

FBiH Govt. approves emmission of bonds in the amount of 20 million KM

FENA Press release

SARAJEVO, April 16 (FENA) - The FBiH government has approved taking a loan for the entity through bonds issuing to raise funds to finance expenditures set by the Federation of BiH's 2020 budget in a nominal amount of up to 20,000,000 KM.

20,000 bonds will be issued, with a face value of 1,000 KM, with a maturity of seven years.

The public call to participate in the bond issue will be published on the website of the FBiH Ministry of Finance, the issue agent and the Sarajevo Stock Exchange (SASE), not later than seven days before the day of the auction.

The bonds will be auctioned at the SASE under the Multiple Price Method.

Two decisions were also made on borrowing through the issuance of treasury bills in order to raise funds for financing expenditures determined by the budget of the Federation of Bosnia and Herzegovina for 2020.

The first decision approves a debt in the nominal amount of up to 100,000,000 KM through the issuance of treasury bills - 10,000 treasury bills with a nominal value of 10,000 KM will be issued, with a maturity of 91 days.

The second decision approves the indebtedness of the Federation of BiH in the nominal amount up to 60,000,000 KM -  6,000 treasury bills with a nominal value of treasury bill of 10,000 KM, with a maturity of 182 days, the FBiH Government Office for Public Relations announced.

(FENA) S. R.

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