The Finance Ministry reopened a bond issue due in 2026 for the fist auction and raised RON411 million, below the RON500 million it sought, at an annual average yield of 6.50%.
Eight primary dealers participated in the auction.
Total demand stood at RON496 million.
The coupon rate was 7.20% and the yield until maturity corresponding to the average sale price was 6.50%.
For the second auction, the ministry reopened a government paper issue due in 2024 and raised RON192 million, below the planned RON500 million, at a yearly yield of 6.22%.
Total demand stood at RON376 million.
(English version by Loredana Fratila-Cristescu)