Romania attracted 2 billion euros from foreign markets through a two-tranche issue of eurobonds with the lowest credit risk margins for these maturities.
The Ministry of Finance borrowed, on February 1, 2018, 2 billion euro on international financial markets by issuing Eurobonds in euro, in two tranches, of which 750 million euros with a maturity of 12 years with coupon 2.50% and € 1.25 billion with a 20-year maturity of 3.375%. The issue enjoyed a high interest from investors and was over-subscribed more than twice.
bscription orders from investors, final demand in the established price rising to over 4 billion euro (1.7 billion euro tranche of 12 years and 2.4 billion for the 20-year tranche). The transaction's investment base was diversified both in terms of geography and the types of investors for both tranches, with a participation of 28 countries for each of the tranches.
The issue was mediated by Barclays Bank PLC, Erste Group Bank AG, Societe Generale, Unicredit and ING Bank NV.