For the first auction, the ministry reopened a benchmark bond issue due in April 2035 and raised RON500 million, at an annual average yield of 6.90%. The amount awarded is similar to the bond issue value.
Seven primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON1.11 billion.
Non-competitive bids stood at RON92.5 million.
For the second auction, the finance ministry reopened a benchmark bond issue due in April 2028 and raised RON600 million, at an annual average yield of 6.61%.
Seven primary dealers participated in the auction and total demand stood at RON1.52 billion.