The bond issue has a nominal value of RON600 million.
Seven primary dealers participated in the auction.
Total demand stood at RON3.9 billion.
The coupon rate was 7.90% and the yield until maturity corresponding to the average sale price was 7.04%.
Banks-Insurance
Finance Ministry Raises RON2.6B From Banks On June 8
Romania's Finance Ministry raised RON2.6 billion from banks on Thursday (June 8), selling government paper maturing in 2038, at an annual average yield of 7.04%.