In comparison, the yields of Romaina’s five-year government paper issued at the time stood at 6.48% a year. BNP Paribas’ funding is leu-denominated.
Vital bought the bonds BNP Paribas issued in a private placement for which it gets an annual interest of RON7.3 million for five years. The bond issue is listed on the Luxembourg Stock Exchange.
(English version by Loredana Fratila-Cristescu)