Seven primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON1.45 billion.
The coupon rate was 7.35% and the yield until maturity corresponding to the average sale price was 6.45%.
Banks-Insurance
Finance Ministry Raises RON1.1B From Banks On December 18
Romania's Finance Ministry raised RON1.16 billion from banks on Monday (December 18) selling bonds with a nominal value of RON400 million due in April 2031, at an annual average yield of 6.46%.