According to central bank data, both banks and the other investors placed purchase orders worth a total RON520.5 million, 2.6-fold above the value announced for the bond issue. Of this amount, competitive bids totaled RON520 million and non-competitive bids totaled RON500,000.
The bonds have a 10-year maturity, an annual coupon rate of 6.90% and are due in October 2036.
Following the auction, the gross cost of the bonds awarded rose to RON239.8 million and the interest rate accumulated for the bonds sold neared RON11.4 million.