2022-11-30

Decision on the Issuance of 2 and 5 Convertible Mark Coins

The Central Bank of Bosnia and Herzegovina issued a decision on October 27, 2022, to mint and circulate 2 and 5 Convertible Mark coins for the 2022 issue. The decision mandates that all public and private entities must accept these coins as legal tender at their nominal value for cash transactions throughout Bosnia and Herzegovina. The regulation entered into force on the eighth day following its publication in the Official Gazette of Bosnia and Herzegovina and other relevant official journals.

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CENTRAL BANK OF BOSNIA AND HERZEGOVINA

Pursuant to Article 2, paragraph (3), point h., Article 7, point a), Articles 39 and 45 of the Law on the Central Bank of Bosnia and Herzegovina ("Official Gazette of BiH", nos. 1/97, 29/02, 13/03, 14/03, 09/05, 76/06 and 32/07),

The Governing Board of the Central Bank of Bosnia and Herzegovina, at its 14th session held on October 27, 2022,

adopts

DECISION

on the issuance of 2 and 5 Convertible Mark coins

Article 1. (Initial Provisions) The Central Bank of Bosnia and Herzegovina has minted coins of the Convertible Mark (hereinafter: KM coins) in denominations of 2 and 5 Convertible Marks, issue of 2022.

Article 2. (Basic Characteristics and Design of KM Coins) The KM coins referred to in Article 1 of this Decision have basic characteristics and design established in all respects by the following decisions: a) Decision on the Issuance, Basic Characteristics and Circulation of 1 and 2 Convertible Mark Coins ("Official Gazette of BiH", no. 20/00), b) Decision on the Issuance, Basic Characteristics and Circulation of 5 Convertible Mark and 5 Fening Coins ("Official Gazette of BiH", no. 92/05).

Article 3. (Year of Issue of KM Coins) The KM coins referred to in Article 1 of this Decision are minted with the year of issue "2022".

Article 4. (Legal Tender) In accordance with the Law on the Central Bank of Bosnia and Herzegovina, all public and private institutions and establishments, legal and natural persons are obliged to accept the KM coins from this Decision at their nominal value as legal tender when offered in cash transactions, or in the settlement and payment of any obligations towards them, throughout the territory of Bosnia and Herzegovina.

Article 5. (Circulation of KM Coins) Upon entry into force of this Decision, the Central Bank of Bosnia and Herzegovina will, through the Central Office, main units and branches, put the KM coins from this Decision into circulation successively, in accordance with the inventory of KM coin stocks and the plan for issuing KM coins into circulation.

Article 6. (Entry into Force) This Decision shall enter into force on the eighth day from the date of publication in the "Official Gazette of BiH", and shall also be published in the "Official Gazette of the Federation of BiH", the "Official Gazette of the Republika Srpska" and the "Official Gazette of the Brčko District of BiH".

Number: UV-122-01-1-1909-5/22 Sarajevo, October 27, 2022

Chairman of the Governing Board of the Central Bank of Bosnia and Herzegovina

GOVERNOR dr. Senad Softić