Bonds grab traders� attention

The number of bonds listed at Bucharest Stock Exchange (BSE) is increasing at a rapid pace and the raise of the interest rate that issuers are willing to pay to attract cash, combined with a cut in benchmark lending rate by National Bank of Romania has sent bonds back under the spotlight.

If in the early months of the year, bond funds recorded losses or mild increase, since May, their performance improved, and in June, the assets of these collective investment scheme reached 252 mln lei, up 2.6% year-to-date.

5 corporate bonds, 24 municipal bonds and 26 government bonds are listed at the Bucharest Stock Exchange.