The first auction targeted state paper with a nominal value of RON500 million, due in 2029, and the Finance Ministry borrowed RON1.12 billion, at an annual yield of 8.36%.
Seven primary dealers participated in the auction.
Total demand stood at RON1.25 billion. The coupon rate was 4.85% and the yield until maturity corresponding to the sale price was 8.36%.
The second auction targeted treasury bills of RON400 million and the Finance Ministry raised RON612.8 million from banks, at an annual yield of 7.97%.
Seven primary dealers participated in the auction.
Total demand stood at RON665 million and the yield until maturity corresponding to the sale price was 7.97%.