The pension funds bought 40% of Bucharest City Hall's bond issue, totaling RON 222 million out of a RON 555 million loan.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
Bucharest City Hall has listed a new bond issue worth 555.1 million lei and pension funds bought 40% of it. Participation was significant, with 5 out of 7 Pillar 2 funds and 9 out of 10 Pillar 3 funds involved. The bonds have a maturity of 6 years and a coupon of 8.47%, and the funds raised will be used to refinance public debt. PMB currently has 3 other bond issues available on the stock exchange.
Sources
Fondurile de pensii au cumpărat 40% din emisiunea de obligațiuni în lei a Primăriei București din aprilie (desprepensiiprivate.ro)
Banii de pensii finanțează Primăria Capitalei: fondurile Pilon II și Pilon III au cumpărat obligațiuni municipale de 222 de milioane de lei pentru 8,47% dobândă
Latest News
09:42
Nae Ungureanu has died, the legend of Craiova Maxima. The former international was 69 years old.
09:31
Large technology companies warn of a wave of cyberattacks amplified by AI and call for strengthening cybersecurity.
09:05
The stockpiles of US Patriot missiles in Europe are at a "much more than critical" level due to the war with Iran. What are the implications for NATO?
08:55
The violent storms in the south of the country caused destruction in Călărași County, where trees were uprooted, and a waterspout formed on the coast.
08:46
EXCLUSIVE | August 28, 2026. Trends in online searches / last 24 hours
See more news
NEWS ON THE SAME TOPICS
Current Affairs
The seven privately managed pension funds (Pillar 2) recorded substantial growth in the first three months of this year.
.webp)
Current Affairs
The General Council of Bucharest Municipality has approved contracting up to 990 million lei for the rehabilitation of passages and bridges.
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
