For the first auction, the ministry reopened a benchmark bond issue due in 2029 and raised RON1.03 billion, at an annual average yield of 6.11%. The amount awarded is below the bond issue value of RON500 million.
Seven primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON2.08 billion.
Non-competitive bids stood at RON25 million.
For the second auction, the finance ministry reopened a benchmark bond issue due in 2032 and raised RON890 million, at an annual average yield of 6.40%.
Seven primary dealers participated in the auction and total demand stood at RON1.77 billion.
Non-competitive bids stood at RON5 million.