Central bank data show that the banks and other investors submitted bids worth a total RON1.339 billion, roughly 34% above the announced value of the bond issue. Of this amount, competitive bids totaled RON1.15 billion and non-competitive bids stood at RON184.3 million.
Of the RON1.1 billion amount awarded, RON915 million were allocated through competitive bids and RON184.3 million through non-competitive bids.
The bonds mature on July 26, 2028 and have an annual coupon of 6.40%.
The yield to maturity was 6.26% at the marginal price and of 6.25% at the average award price.