The ministry raised RON415 million via the first bond issue maturing in 2030, with a nominal value of RON500 million. The coupon rate was 4.15% and the yield until maturity was 5.65% a year.
The ministry also raised RON202 million on Monday via a second bond issue maturing in 2025, lower by RON398 million than the nominal value of RON600 million. The yield until maturity was 4.99% a year.
Romania’s Finance Ministry plans to raise RON5.2 billion on the domestic market in February 2022, of which RON4.6 million from banks, to which the amount of RON630 million can be added from the allocations of additional sessions of non-competitive offers organized exclusively for benchmark-type instruments.
The funds raised will be used to cover the budget deficit and to refinance the country’s public debt.