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International Investment Bank (IIB) pays back its largest RON bond

IIB announced it redeemed its RON 500 mln (EUR 100 mln) bonds with a coupon of 3.98% when they matured on November 1. This bond, issued in 2019 and listed on the Bucharest Stock Exchange, was the largest in volume among the five such issues on the Romanian market. “Since the Bank’s relocation to Europe, Romania became one of the largest beneficiaries among IIB member states in asset ...

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