The Finance Ministry reopened a bond issue due in 2030 for the fist auction and raised RON138 million, below the RON500 million it sought, at an annual average yield of 6.64%.
Six primary dealers participated in the auction.
Total demand stood at RON243 million.
The coupon rate was 8% and the yield until maturity corresponding to the average sale price was 6.64%.
For the second auction, the ministry reopened a government paper issue due in 2036 and raised RON300 million, at a yearly yield of 6.74%.
Total demand stood at RON531 million.