The bond issue has a nominal value of RON700 million.
Seven primary dealers participated in the auction.
Total demand stood at RON992 million.
The coupon rate was 8.75% and the yield until maturity corresponding to the average sale price was 6.65%.
Banks-Insurance
Finance Ministry Raises RON917M From Banks On June 29
Romania's Finance Ministry raised RON917 million from banks on Thursday (June 29), selling government paper maturing in 2028, at an annual average yield of 6.65%.