The Romanian investors earmarked only 5% of the RON 940 million (EUR 180 million) placed for government bonds under the June Fidelis issue, for the new 10-year maturity with a 7.6% coupon attached.<\/p>\n
The overall subscription volume increased by over 30% compared to the weakest ever Fidelis issue in May (RON 717 million), but it remains at a low level in absolute terms, 4.8 times lower compared to the most successful edition, in February 2025.<\/p>\n
In the RON issuance category, the highest demand was for the tranche maturing in June 2028 (the shortest) \u00a0and bearing an annual interest rate of 6.35%. Investors subscribed for securities worth almost RON 257 million (27% of the total volume subscribed).<\/p>\n
In the case of euro issues, the most requested was the tranche maturing in 2036 (longest maturity) and bearing an interest rate of 5.80%, for which investors subscribed over EUR 31 million (over RON 150 million).<\/p>\n