Eight primary dealers participated in the auction.
Total demand stood at RON801 million.
The coupon rate was 7.2% and the yield until maturity corresponding to the average sale price was 6.87%.
(English version by Loredana Fratila-Cristescu)
Banks-Insurance
Finance Ministry Raises RON583M From Banks On July 10
Romania's Finance Ministry raised RON583.5 million from banks on Monday, July 10, selling government paper maturing in October 2033, at an annual average yield of 6.87%. The bond issue has a nominal value of RON500 million.