The bond issue has a nominal value of RON300 million.
Seven primary dealers participated in the auction.
Total demand stood at RON5.4 billion.
The coupon rate was 7.90% and the yield until maturity corresponding to the average sale price was 7.49%.
Banks-Insurance
Finance Ministry Raises RON3.7B From Banks On May 25
Romania's Finance Ministry raised RON3.7 billion from banks on Thursday (May 25), selling government paper maturing in 2038, at an annual average yield of 7.49%.