The Finance Ministry reopened a bond issue due in April 2030 for the first auction and raised RON800.4 million, above the targeted amount of RON500 million, at an annual average yield of 6.50%.
Eight primary dealers participated in the auction.
Total demand stood at RON890.4 million.
The coupon rate was 8% and the yield until maturity corresponding to the average sale price was 6.49%..
For the second auction, the ministry reopened a bond issue due in July 2024 and raised RON703 million, at an annual average yield of 6.03%.
Total demand stood at RON1.5 billion.