Demand for the issue amounted to RON330.2 million. The ministry accepted yields of up to 4.34%.
Romania’s Finance Ministry reopened a bond issue due in January 2028 and raised RON706 million from banks on Monday (Sept 20), above the targeted RON406 million level, at a yearly yield of 3.65%.
Romania last sold April 2036 bonds in August 2021 at an average yield of 4.31%.
The finance ministry plans to raise RON4.4 billion selling state paper on the local market in September 2021.