The Ministry of Finance successfully completed two day Auction of the 36th Bonds issue and sale bonds worth BAM 30.003 million.
Through BL Stock Exchange were received bids in the total amount of BAM 45.319 million.
The sale was concluded at the price of 100.01% of the nominal value and the interest rate of 2.3%.
The Bonds have a maturity of 10 years and a Coupon rate of 2.3% per annum.
|Auction date||07/10/2019 and 08/10/2019|
|Number of offered bonds||30,000|
|Nominal (par) value||1,000.00|
|Planned amount of issue||30,000,000|
|Nominal (par) value payment ||at maturity|
|Interest payment ||yearly|
|Number of bonds sold||30,000|
|Success of public offering||100.00%|
|Effective interest rate||2.30%|
|Total value of bonds sold||30,003,000.00|
|Total amount of submitted bids||45,319,138.90|
|Payment (registration) date||09/10/2019|
|Symbol at the auction||RSBD-O15|
|Highest offered price / interest rate|| price 103.59% / rate 1.90%|
|Lowest offered price / interest rate|| price 92.48% / rate 3.19%|