The bond issue has a nominal value of RON500 million.
Six primary dealers participated in the auction.
Total demand stood at RON934.8 million.
The coupon rate was 8.75% and the yield until maturity corresponding to the average sale price was 6.59%.
Banks-Insurance
Finance Ministry Raises RON799 From Banks On July 27
Romania's Finance Ministry raised RON798.8 million from banks on Thursday (July 27), selling government paper maturing in October 2028, at an annual average yield of 6.61%.