The Finance Ministry reopened a bond issue due in February 2038 for the first auction and raised RON385.5 million, below the targeted amount of RON700 million, at an annual average yield of 7.18%.
Total demand stood at RON544.2 million.
For the second auction, the ministry reopened a government paper issue due in May 2027 and raised RON713 million, slightly above the targeted amount of RON700 million, at a annual yield of 6.65%.
Seven primary dealers participated in the auction.
Total demand stood at RON838 million.
The coupon rate was 7.20% and the yield until maturity corresponding to the average sale price was 6.64%.