In the first auction, the ministry raised RON300 million from an issue due in July 2034, at an annual average yield of 7.16%.
Seven primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON371.5 million.
The coupon rate stood at 7.10% and all bids were competitive.
In the second auction, the ministry raised RON400 million from an issue due in April 2027, at annual average yield of 6.34%.
Seven primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON585 million.
The coupon rate was 7.40%. Non-competitive bids stood at RON60 million.
(English version by Loredana Fratila-Cristescu)