For the first auction, the State sold government bonds with a nominal value of RON500 million, due in 2028. Seven primary dealers participated in the auction.
Total demand stood at RON656 million, of which competitive bids amounted to RON620 million.
The total amount awarded was RON506 million and non-competitive bids reached RON36 million.
The coupon rate was 8.75% and the yield to maturity corresponding to the average award price was 7.46%
At the second auction for government paper due in 2030, total demand stood at RON939 million. Seven primary dealers participated in the auction.
The total amount awarded stood at RON604 million and non-competitive bids reached RON50 million.
The coupon rate was 8% and the yield to maturity corresponding to the average award price was 7.52%.