The local authorities want to sell bonds worth RON550 million in each of the four maturities: May 2018, May 2020, May 2022 and May 2025.
According to a previous announcement of the Bucharest city hall, the bonds will be listed on the local stock exchange.
In 2005, the city of Bucharest sold 10-year bonds worth of EUR500 million, which are due on June 22, 2015.