Benchmark T-bonds begin trading on BSE

The 369mn lei-benchmark bonds (€90 million) sold by the Ministry of Public Finances on March will start trading on Monday on Bucharest Stock Exchange under the ticker symbol B1504A.

The government bonds have a five-year maturity, and a coupon rate of 6%. The Ministry of Finance sold the debt securities at an average yield of 7.08% a year with a maximum yield of 7.10% a year.

The issue date of the bonds is March 8, 2010, and are traded under the ticker symbol B1504A.

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