The bond issue has a nominal value of RON700 million.
Eight primary dealers participated in the auction.
Total demand stood at RON2.27 billion.
The coupon rate was 7.20% and the yield until maturity corresponding to the average sale price was 6.67%.
Banks-Insurance
Finance Ministry Raises RON1.64B From Banks On June 12
Romania's Finance Ministry raised RON1.64 billion from banks on Monday (June 12), selling government paper maturing in May 2027, at an annual average yield of 6.69%.