The bond issue has a nominal value of RON300 million.
Seven primary dealers participated in the auction.
Total demand stood at RON240 million.
The coupon rate was 4.85% and the yield until maturity corresponding to the sale price was 8.19%.
Banks-Insurance
Finance Ministry Raises RON132M From Banks On Sept 19
Romania's finance ministry raised RON132 million on Monday (Sept 19), below the planned level, selling bonds maturing in 2029, at an annual average yield of 8.19%.