The Finance Ministry reopened a bond issue due in 2033 for the first auction and raised RON1.4 billion, at an annual average yield of 6.90%.
Total demand stood at RON1.55 billion, of which competitive bids totaled RON1.42 billion and non-competitive bids stood at RON122 million.
For the second auction, the ministry reopened a government paper issue due in 2027 and raised RON728 million, above the targeted value of RON700 million, at an annual yield of 6.49%.
Seven primary dealers participated in the auction.
Total demand stood at RON738 million.
The coupon rate was 7.20%.