For the first auction, the State sold government bonds with a nominal value of RON400 million. Six primary dealers participated in the auction.
Total demand stood at RON450 million.
The total amount awarded was RON400 million. Non-competitive bids reached RON975,000.
The coupon rate was 7.40% and the yield to maturity corresponding to the average award price was 7.23%
At the second auction for government paper due in 2031, total demand stood at RON1.4 billion. Six primary dealers participated in the auction.
The total amount awarded stood at RON747 million.
The coupon rate was 7.65% and the yield to maturity corresponding to the average award price was 7.31%.