The ministry rejected some of the bids, deeming the price too low.
The total bond issue value was RON728 million, with banks offering RON558 million on their own name and behalf and RON170 million representing the remaining balance offered by other market participants or on behalf of clients.
Of the total value of the bonds awarded, RON228 million was allocated through competitive bids and RON500,000 through non-competitive bids.
The bonds are due in April 2035 and have an annual coupon of 6.75%.
The yield to maturity corresponding to the average sale price was 7.42%.