The bond issue has a nominal value of RON300 million.

Seven primary dealers participated in the auction.

Total demand stood at RON632.4 million.

The coupon rate was 6.70% and the yield until maturity corresponding to the average sale price was 9.22%.

On Thursday, the ministry also rejected the banks’ all bids for bonds worth RON400 million, deeming the price unacceptable.

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