Romania’s Treasury pays 5.8% yield on 5-year EUR-denominated bonds sold to households

Romania’s Treasury launched on March 27 the first BVB-listed bond Fidelis issued for households this year after the latest such bonds were sold in December.

The bonds denominated in euros with a five-year maturity were in particularly high demand during the first day of the subscription period, thanks to its outstanding 5.8% yield, Ziarul Financiar reported.

The Treasury also sells bonds denominated in euros with a maturity of one year and a 3.7% coupon attached.

In December, the Treasury paid yields of 2.7% for one year and 3.7% for two-year maturities.

In contrast to the high coupons attached to the bonds denominated in euros, the Treasury now pays lower yields for the local currency-denominated bonds: 6.7% for one year (7.65% in December) and 7.35% for three years (8% in December). There is a special 7.7%-coupon bond with a maturity of one year for the blood donors.

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