For the first auction, the Finance Ministry sold bonds with a nominal value of RON400 million. Six primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON1.5 billion.
The total amount awarded was RON598 million. Non-competitive bids reached RON100 million.
The coupon rate was 7.50%, similar with the yield to maturity corresponding to the average award price.
For the second auction, the ministry reopened a bond issue due in 2029 and the total demand stood at RON1.6 billion.
Six primary dealers participated in the auction, namely, those which bought the bonds, and the awarded amount was RON479 million. Non-competitive bids reached RON25 million.
The coupon rate was 6.30% and the yield to maturity corresponding to the average award price was 7.5%.