The bond issue has a nominal value of RON500 million.
Seven primary dealers participated in the auction.
Total demand stood at RON1.41 billion.
The coupon rate was 4.25% and the yield until maturity corresponding to the average sale price was 7.32%.
Banks-Insurance
Finance Ministry Raises RON690M From Banks On May 11
Romania's Finance Ministry raised RON690 million from banks on Thursday (May 11) selling government paper maturing in April 2036, at an annual average yield of 7.34%.