Munis worth RON 12.5m (EUR 2.9m) issued by the city of Orastie start trading on the BSE today. The 125k bonds with a face value of RON 100 each were issued on June 19 this year and will mature on May 15, 2029. The bonds bear an interest rate equal to the six-month Romanian interbank offer rate ROBOR plus a spread of 0.7%.
Source: EFG Eurobank Securities