Romania Raises Over RON1B Selling 12-Year and 2-Year Bonds

The ministry sold RON713 million worth of September 2031 bonds, more than double its initial offer of RON300 million, at an average yield of 5.06%. Demand for the issue amounted to RON1.144 billion. The ministry last sold this issue in May at an average yield of 5.17%.

In a second tender, the ministry raised a planned RON300 million selling bonds maturing in June 2021 at an average yield of 3.64%. Demand amounted to RON354 million. Romania last sold this issue in August 2018 at an average yield of 4.44%.