BucharestCity Hall has completed municipal bond issuance of 555 million RON, General Mayor Nicusor Dan announced on Wednesday, stating that there are a total of 21 investors.
He noted that important banks, investment funds and pensions are among the buyers of bonds.
The bonds issued have a maturity of 10 years and an annual interest rate of 7.33 percent, "very good for the municipality in the current market conditions", the general mayor added.