Romania draws 1.5 billion dollars through bond issue on U.S. market

Romania drew 1.5 billion dollars on January 31 through a bond issue on the U.S. market, with 10-year maturity and a yield of 6.875%, State Secretary in the Ministry of Public Finance (MFP) Bogdan Dragoi told Agerpres. The bonds in dollars have a coupon of 6.75% and were sold at discount, the total yield for investors being 6.875%. According to the MFP official, the demand for the Romanian bonds in dollars stood at some 7 billion dollars. The arrangers of the ...

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