Eight primary dealers participated in the auction.
Total demand stood at RON1.23 billion.
The coupon rate was 8.25% and the yield until maturity corresponding to the average sale price was 7.11%.
Banks-Insurance
Finance Ministry Raises RON790M From Banks On May 18
Romania's Finance Ministry raised RON790.3 million from banks on Thursday (May 18), higher than the scheduled RON700 million, selling government paper maturing in September 2032, at an annual average yield of 7.12%.