Six primary dealers participated in the auction.
Total demand stood at RON1.09 billion.
The coupon rate was 6.70% and the yield until maturity was 6.48%.
Banks-Insurance
Romania Raises RON683M Selling Feb 2023 Bonds At 6.53% Average Yield
Romania’s Finance Ministry reopened a bond issue due in February 2023 and raised RON683 million from banks on Monday (March 14), higher by RON183 million than the targeted level of RON500 million, at a yearly yield of 6.53%.