The Finance Ministry reopened a bond issue due in October 2026 for the first auction and raised RON1.76 billion, almost threefold higher than the targeted amount of RON600 million, at an annual average yield of 6.17%.
Eight primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON2.74 billion.
The coupon rate was 7.2% and the yield until maturity corresponding to the average sale price was 6.16%..
For the second auction, the ministry reopened a bond issue due in October 2033 and raised RON853.8 million, at an annual average yield of 6.17%.
Total demand stood at RON1.37 billion.
So far this week, the finance ministry has borrowed over RON4 billion from banks, at annual yields ranging between 6.03% and 6.17%.