The bond issue has a nominal value of RON500 million.
Six primary dealers participated in the auction.
Total demand stood at RON733.8 million.
The coupon rate was 7.9% and the yield until maturity corresponding to the average sale price was 6.9%.
Banks-Insurance
Finance Ministry Raises RON410M From Banks On August 7
Romania's Finance Ministry raised RON410 million from banks on Monday (August 7), selling government paper maturing in February 2038, at an annual average yield of 6.9%.