Loading ...The Public Finance Ministry on Thursday launched a benchmark govt bonds issue with five-year maturity and it attracted 268.65 million lei (some 65 million euros), at an average yield of 11.39 percent per annum, the National Bank of Romania announced.
The ministry turned down the purchasing offers submitted by the commercial banks for the benchmark bond issue that exceeded the required yield of 11.5 percent.
The govt bond issue totalled 500 million lei, with the coupon rate standing at 11 percent.
The combined offer put forward by the banks totalled 801.11 million lei. A benchmark bond carries a par value of 10.000 lei.
Purchasing bids for the govt bonds were submitted at the auction by 12 primary dealers – ABN Amro Bank, Alpha Bank Romania, BRD – Groupe Societe Generale, Banca Comerciala Romana (BCR), Banca Transilvania, Bancpost, Citibank Romania, CEC Savings Bank, ING, MKB Romexterra, Raiffeisen Bank and UniCredit Tiriac Bank.
Loading ...
Comentează acest articol