The bond issue is due in 2034.
At the first auction, total demand reached RON1.11 billion, of which competitive bids stood at RON1.05 billion.
The total amount awarded was RON936 million. Non-competitive bids stood at RON60.5 million.
The coupon rate was 7.10% and the yield to maturity corresponding to the average award price was 7.54%.
At the second auction organized by the finance ministry for treasury bills (T-bills), all bids submitted by banks were rejected due to the yield level.