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Izabela Sirbu
A bond issue released by the Municipality of Alba Iulia (ticker symbol ALB25B) for the overall amount of 8.5 million RON is tradable on the regulated market of the Bucharest Stock Exchange (BSE) as of today. It can be found in the category "Municipal Bonds" and the section "Debt Securities," according to a press release issued by the BSE yesterday.
The 85,000 bonds issued by the Municipality of Alba Iulia have a face value of 100 RON and were issued on 8 December 2007. The maturity date is 15 October 2025. The interest will be calculated as an average of interbank rates for six months plus a premium of 1.5% Coupons are payable every six months. The principal is payable in 35 monthly payments.
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