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Fortenova sells agri unit to Podravka for 333 mln euro
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Romania
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Fortenova sells agri unit to Podravka for 333 mln euro
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Romania's Orastie Municipal Bonds To Start Trading on Bucharest Bourse on Sept 22

Sep 21, 2009, 6:58:53 PMArticle by Tsvetelina Gavrilova
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September 21 (SeeNews) - Municipal bonds worth 12.5 million lei ($4.3 million/2.9 million euro) issued by the municipality of Orastie, located in western Romania, will start trading on the Bucharest Stock Exchange, BVB, on September 22, the bourse said on Monday.

Romania's Orastie Municipal Bonds To Start Trading on Bucharest Bourse on Sept 22

The 125,000 bonds with a face value of 100 lei each were issued on June 19 this year and will mature on May 15, 2029, the BVB said in a statement.

The bonds bear an interest rate equal to the six-month Romanian interbank offer rate ROBOR plus a spread of 0.7%.

(1 euro=4.2699 Romanian lei)

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