Alba Iulia Borrows 30 Million Euros Through Bonds. How Much Funding and for What Are You Using the Money?
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Alba Iulia launched on Monday a public offer of municipal bonds in euro, worth up to 30 million euros. The money will be used to finance infrastructure projects under way and to finance a part of the local public debt.
The Romanians will be able to directly borrow the Alba Iulia Municipality, which launches a public bond offer of up to 30 million euros. The minimum investment is 1,000 euros, the maturity of the bonds is 10 years, and investors can subscribe to an interest of EURIBOR 6M plus a margin of 2.50%-2.90%, i.e. a total of about 5.5%. The interest will be paid quarterly.
Alba Iulia borrows 30 million euros through bonds. How much funding and for what money is used Alba Iulia City Hall launched on Monday, September 21, 2026, a public offer of bonds that it wants to attract 30 million euros. Almost two thirds of the money will be used for the refinancing of existing loans, and the rest for two infrastructure projects. How much investors can win. The immediate advantage for the local government is [...] Read Alba I…
The city of Alba Iulia has launched a new public offer of municipal bonds: Underground passage, urban mobility and the refinancing of loans, through a 30 million euro issue The city of Alba Iulia has launched a new public offer of municipal bonds: Underground passage, urban mobility and the refinancing of loans, through a 30 million euro issue The city of Alba Iulia has launched on Monday, September 21, 2026, a new public offer of municipal bond…
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