Seven primary dealers participated in the auction.
Total demand stood at RON589 million.
The coupon rate was 2.5% and the yield until maturity corresponding to the sale price was 9.23%.
(English version by Loredana Fratila-Cristescu)
Banks-Insurance
Finance Ministry Raises RON567M from Banks on June 20
Romania’s Finance Ministry raised RON567 million from banks via a government paper auction, at an annual yield of 9.23% on Monday, June 20.