The amount raised by the Romanian State is above the initial value of the two issues worth EUR300 million and EUR200 million, respectively.
For the first auction, the State sold treasury bills (T-bills) due in 2026, with a nominal value of EUR300 million. Six primary dealers participated in the auction.
Total demand stood at EUR881 million, of which competitive bids amounted to EUR842 million.
The total amount awarded was EUR843 million and non-competitive bids reached EUR39 million.
The weighted average yield to maturity was 3.52%.
At the second auction for government paper due in 2026, total demand stood at EUR785 million, above the nominal value of the issue worth EUR200 million.
Six primary dealers participated in the auction and the amount awarded stood at EUR751 million.
The coupon rate was 4.90% and the yield to maturity corresponding to the average award price was 3.82%.