Romania is a country in Southeast Europe known for its diverse natural landscapes, including the Carpathian Mountains and the Danube Delta, a rich history, and a vibrant cultural heritage.
A specific U.S. dollar-denominated sovereign bond, issued by Romania, an emerging European Union economy actively accessing international capital markets, is detailed as ISIN US77586RAW07 (CUSIP 77586RAW0). This fixed-income instrument carries a coupon rate of 7.5%, with interest payments disbursed semi-annually, and is scheduled to mature on February 9, 2037. The total issuance size for this bond was $1,250,000,000, and it features a minimum purchase quantity of $2,000. Currently, this security is trading on the secondary market at a price of 104.1% of its par value.
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