For the first auction, the Finance Ministry reopened a bond issue due in 2031 and borrowed RON733.4 million from banks, higher than the scheduled RON700 million, at an annual yield of 7.43%.
Eight primary dealers participated in the auction.
Total demand stood at RON868.4 million.
The coupon rate was 7.35% and the yield until maturity corresponding to the average sale price was 7.40%.
For the second auction, the Finance Ministry reopened a bond issue due in 2028 and borrowed RON601.1 million from banks at an annual yield of 7.32%.
Total demand stood at RON1.1 billion.
The coupon rate was 4.15% and the yield until maturity corresponding to the average sale price was 7.31%.
(English version by Loredana Fratila-Cristescu)