The bond issue has a nominal value of RON500 million.
Eight primary dealers participated in the auction.
Total demand stood at RON1.17 billion.
The coupon rate was 8.25% and the yield until maturity corresponding to the average sale price was 6.53%.
Banks-Insurance
Finance Ministry Raises RON843M From Banks On July 17
Romania's Finance Ministry raised RON843 million from banks on Monday, July 17, selling government paper maturing in September 2032, at an annual average yield of 6.54%.