For the first auction, the ministry reopened a benchmark bond issue due in July 2030 and raised RON700 million, at an annual average yield of 6.44%. 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 RON2.28 billion.
Non-competitive bids stood at RON104 million.
For the second auction, the finance ministry reopened a benchmark bond issue due in February 2038 and raised RON500 million, at an annual average yield of 6.65%.
Six primary dealers participated in the auction and total demand stood at RON633 million.
Non-competitive bids stood at RON90.4 million.