For the first auction, the ministry reopened a benchmark bond issue due in July 2040 and raised RON267 million, at an annual average yield of 6.91%. The amount awarded is below the bond issue value of RON500 million.
Seven primary dealers participated in the auction, namely, those which bought the bonds.
Total demand stood at RON419 million.
Non-competitive bids stood at RON64 million.
For the second auction, the finance ministry reopened a benchmark bond issue due in July 2033 and raised RON700 million, at an annual average yield of 6.69%.
Seven primary dealers participated in the auction and total demand stood at RON1.8 billion.
Non-competitive bids stood at RON9 million.