The bond issue has a nominal value of RON400 million.
Eight primary dealers participated in the auction.
Total demand stood at RON1.32 billion.
The coupon rate was 7.35% and the yield until maturity corresponding to the average sale price was 7.59%.
Banks-Insurance
Finance Ministry Raises RON589M From Banks On March 9
Romania's Finance Ministry raised RON589.2 million on Thursday (March 9) selling bonds maturing in April 2031, at an annual average yield of 7.59%.