The Republic of Srpska's Ministry of Finance will conduct its 49th auction of treasury bills on Feb. 6 with a scheduled amount of $5.5 million, which will mature on Aug. 4.
 
Investors should submit bids with discounted prices calculated on a yearly basis and expressed to four decimal places. The uniform discounted price will be determined in the primary sale at the auction. The ministry can accept or reject any or all bids, and the maximum interest rate cannot exceed the Euribor plus an additional 2.75 percent or, in the case of a negative Eurobor 0 percent.

Successful bidders must submit payment by 10 a.m. Feb. 7. Bids will be issued a non-material securities registered in the holders’ names at the Central Registry of Securities at JSC Banja Luka. Registration of treasury bills issued in this auction will be completed on Feb. 7, after which the Banja Luka Stock Exchange will be notified so treasury bills can be listed on the exchange.
 
Those holding treasury bills can redeem them before their maturity dates under the conditions specified in the Regulation on Requirements, Issuance Procedure and Elements of Primary Market for Treasury Bills. If the Ministry deems it necessary to call for early redemption of the bills, it will do so with a posting on its website and that of the Banja Luka Stock Exchange five days before the redemption.