For the first auction, the Finance Ministry reopened a bond issue due in 2030 and borrowed RON718 million from banks, slightly higher than the scheduled RON700 million, at an annual yield of 7.33%.
Seven primary dealers participated in the auction.
Total demand stood at RON1.15 billion.
The coupon rate was 8% and the yield until maturity corresponding to the average sale price was 7.33%.
For the second auction, the Finance Ministry reopened a bond issue due in 2034 and borrowed RON456 million from banks at an annual yield of 7.53%.
Total demand stood at RON598 million.
The coupon rate was 4.25%.
(English version by Loredana Fratila-Cristescu)