Eight primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON1.64 billion.
The coupon rate was 7.20% and the yield until maturity corresponding to the average sale price was 6.57%.
Banks-Insurance
Finance Ministry Raises RON1.3B From Banks On December 4
Romania's Finance Ministry raised RON1.3 billion from banks on Monday (December 4) selling bonds with a nominal value of RON500 million due in 2027, at an annual average yield of 6.58%.