Six primary dealers participated in the auction.
Total demand stood at almost RON437 million. The coupon rate was 4.25% and the yield until maturity corresponding to the sale price was 8%.
(English version by Loredana Fratila-Cristescu)
Banks-Insurance
Finance Ministry Raises RON307M from Banks on August 22
Romania's Finance Ministry raised RON307 million from banks on Monday, via a government paper auction with a nominal value of RON300 million due in April 2036, at an annual average yield of 8.05%.