Bond România 5.45% ( ROKZLUKMGN59 ) in EUR

Issuer	România
Market price	100 % ▲
Country	Romania
ISIN code	ROKZLUKMGN59 ( in EUR )
Interest rate	5.45% per year ( payment 1 time a year)
Maturity	01/08/2028
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Minimal amount	/
Total amount	210 583 800 EUR
Next Coupon	02/08/2025 ( Today )
Detailed description	Romania is a Southeastern European country bordering the Black Sea, known for its diverse landscapes, rich history encompassing Roman, Dacian, and medieval influences, and a vibrant culture featuring traditional music, folklore, and a unique blend of Eastern and Western European traditions. A specific bond issuance, identified by its ISIN code ROKZLUKMGN59, is currently noteworthy in the sovereign debt market. This obligation is issued by Romania, a prominent member state of the European Union located at the crossroads of Central, Eastern, and Southeastern Europe. As a sovereign issuer, Romania regularly accesses international capital markets to finance its public expenditure and manage its national debt, with its economic landscape characterized by a developing market economy that has undergone significant reforms since its EU accession in 2007, striving for convergence with Western European standards. The financial instruments offered by Romania, including this bond, reflect the nation's fiscal policy and economic outlook. Denominated in Euros (EUR), this particular bond offers a fixed annual interest rate (coupon) of 5.45%, providing a consistent income stream for investors. The total size of this issuance amounts to EUR 210,583,800, representing a notable capital raise by the Romanian government. With a maturity date set for August 1, 2028, this fixed-income security offers a medium-term investment horizon. Currently, the bond is trading at par, specifically at 100% of its face value on the market, indicating a stable valuation relative to its issuance price. Interest payments for this bond are structured to occur annually, providing investors with a regular return on their capital.