Romania raises EUR 200 mln with Samurai bond, less than half of target
Romania decided to skip the longer-term maturities (10-year and 20-year) and kept the 3-year, 5-year, and 7-year tranches only while scaling down accordingly the planned aggregate size at JPY 30 bln – the equivalent of just over EUR 200…
iulian ernst · Journalist
· Updated · 2 min read
Romania decided to skip the longer-term maturities (10-year and 20-year) and kept the 3-year, 5-year, and 7-year tranches only while scaling down accordingly the planned aggregate size at JPY 30 bln – the equivalent of just over EUR 200 mln – compared to up to EUR 500 mln initially envisaged, according to the Finance Ministry's press release.
The issue was made in three tranches, of which two-thirds or JPY 22 bln with a maturity of 3 years, with a yield of 2.10%, JPY 3.6 bln with a maturity of 5 years, with a yield of 2.63% respectively, JPY 7.4 bln with a maturity of 7 years and a yield of 3.14%. The funds obtained from this issue will be settled on October 11, 2024.
