The bond issue has a nominal value of RON700 million.
Eight primary dealers participated in the auction.
Total demand stood at RON1.83 billion.
The coupon rate was 8.75% and the yield until maturity corresponding to the average sale price was 6.85%.
Banks-Insurance
Finance Ministry Raises RON1.53B From Banks On May 15
Romania's Finance Ministry raised RON1.53 billion from banks on Monday (May 15) selling government paper maturing in April 2028, at an annual average yield of 6.89%.