Regulatory Alerts2025-03-24
Decision on the Issuance of 10 and 20 Fening Convertible Mark Coins
The Central Bank of Bosnia and Herzegovina issued a decision on February 28, 2025, to put 2025-dated 10 and 20 fening coins into circulation. The decision mandates that all public and private entities within Bosnia and Herzegovina must accept these coins as legal tender at their nominal value. The coins retain the design specifications of previous issues but feature the 2025 year of issue, with circulation to begin progressively upon the decision's entry into force.
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, 8/09, 13/03, 14/03, 09/05, 76/06 and 32/07), the Governing Board of the Central Bank of Bosnia and Herzegovina, at its 2nd meeting held on February 28, 2025, adopts
DECISION
on the issuance of convertible mark coins in denominations of 10 and 20 fening
Article 1. (Introductory Provisions) The Central Bank of Bosnia and Herzegovina has minted convertible mark coins (hereinafter: KM coins) in denominations of 10 and 20 fening, issue of 2025.
Article 2. (Basic Characteristics and Design of KM Coins) The KM coins referred to in Article 1 of this Decision have the basic characteristics and design established by the Decision on the Issuance, Basic Characteristics and Issuance into Circulation of 10, 20 and 50 Fening Coins ("Official Gazette of BiH", nos. 24/98 and 25/98), except that they are minted with the year of issue "2025".
Article 3. (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 settlement and payment of any obligations towards them, throughout the territory of Bosnia and Herzegovina.
Article 4. (Issuance of KM Coins into Circulation) Upon the entry into force of this Decision, the Central Bank of Bosnia and Herzegovina will, through the Central Office, main units and branches, issue 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 5. (Entry into Force) This Decision shall enter into force on the eighth day from the date of its 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".
Chairperson of the Governing Board of the Central Bank of Bosnia and Herzegovina
No.: UV-122-02-1-646-8/25
Sarajevo, February 28, 2025
GOVERNOR dr. Jasmina Selimović