Treasury Bonds
Sovereign debt market

Treasury Bonds

Every public country opens its bond programme with a first emission of 10,000 treasury bonds — private countries have no parliament to vote a loan, so they never issue any. Every bond in the world is worth the same: a face value of $0.10, paid in the issuer's own national currency at the exchange rate of the day the emission opened — so the price differs from country to country but the value never does. Each emission is a separate tranche with its own daily coupon rate and its own maturity date, so two bonds from the same country can pay differently and redeem on different days. Hold a bond and the state budget pays its emission's coupon every single day; when the emission matures the treasury buys it back at face value. Buy straight from the treasury or from other citizens, then hold for the coupon or list your own at any price you like. A country's credit rating climbs and falls with its budget — and if the treasury can no longer cover its coupons, it defaults on its debt until its finances recover.

RO

Romania

A · Upper medium Servicing its debt
Credit rating
A
Upper medium
$638.88
State budget
2,931.89
RON · $638.88
Held by players
1,167
14 Holders
Paid per day
2.7031
RON /day
Bonds issued
10,842
On market
9,675
Best ask
0.4600
RON
Active emissions
2
0.25–1%/day

Recent transactions

Aug 11, 2026
Trade
Scanteie91x pipsnetwork
Emission #285
140
168.00 RON
Aug 11, 2026
Issue
Titawom State Treasury
Emission #187
8
3.68 RON
Aug 10, 2026
Trade
docm1030 Irado88
Emission #187
1
0.4599 RON
Aug 10, 2026
Trade
docm1030 pipsnetwork
Emission #285
14
16.80 RON
Aug 8, 2026
Trade
RduGbk Irado88
Emission #187
62
28.51 RON
Aug 6, 2026
Trade
claude pipsnetwork
Emission #285
9
10.80 RON
Aug 6, 2026
Buyback
State Treasury Dutton
Emission #187
33
15.18 RON
Aug 5, 2026
Trade
firenext pipsnetwork
Emission #285
14
16.80 RON
Aug 5, 2026
Trade
firenext pipsnetwork
Emission #285
49
58.80 RON
Aug 5, 2026
Trade
bit1254 Irado88
Emission #187
24
11.04 RON
Aug 4, 2026
Trade
Titawom Irado88
Emission #187
12
5.52 RON
Aug 2, 2026
Trade
Olsenjames101 Irado88
Emission #187
2
0.9198 RON
Aug 1, 2026
Issue
Titawom State Treasury
Emission #187
4
1.84 RON
Jul 31, 2026
Issue
Irado88 State Treasury
Emission #187
200
92.00 RON
Jul 31, 2026
Issue
Irado88 State Treasury
Emission #187
5
2.30 RON
Jul 31, 2026
Issue
hushalc State Treasury
Emission #187
374
172.04 RON
Jul 30, 2026
Issue
Irado88 State Treasury
Emission #187
13
5.98 RON
Jul 29, 2026
Issue
Dutton State Treasury
Emission #187
2
0.9200 RON
Jul 29, 2026
Issue
Irado88 State Treasury
Emission #187
2
0.9200 RON
Jul 29, 2026
Issue
Dutton State Treasury
Emission #187
6
2.76 RON
Jul 28, 2026
Issue
Irado88 State Treasury
Emission #187
1
0.4600 RON
Jul 28, 2026
Issue
Titawom State Treasury
Emission #187
2
0.9200 RON
Jul 28, 2026
Issue
Irado88 State Treasury
Emission #187
15
6.90 RON
Jul 28, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 27, 2026
Issue
Irado88 State Treasury
Emission #187
25
11.50 RON
Jul 27, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 27, 2026
Issue
claude State Treasury
Emission #187
32
14.72 RON
Jul 27, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 27, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 26, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 26, 2026
Issue
Dutton State Treasury
Emission #187
11
5.06 RON
Jul 25, 2026
Issue
toatesmart State Treasury
Emission #187
118
54.28 RON
Jul 25, 2026
Issue
toatesmart State Treasury
Emission #285
6
2.75 RON
Jul 25, 2026
Issue
pipsnetwork State Treasury
Emission #285
90
41.28 RON
Jul 25, 2026
Issue
pipsnetwork State Treasury
Emission #285
622
285.31 RON
Jul 25, 2026
Issue
toatesmart State Treasury
Emission #285
4
1.83 RON
Jul 25, 2026
Issue
pipsnetwork State Treasury
Emission #285
278
127.52 RON
Jul 25, 2026
Issue
toatesmart State Treasury
Emission #187
39
17.94 RON
Jul 25, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 25, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 25, 2026
Issue
Dutton State Treasury
Emission #187
6
2.76 RON
Jul 25, 2026
Issue
Dutton State Treasury
Emission #187
1
0.4600 RON
Jul 24, 2026
Issue
claude State Treasury
Emission #187
30
13.80 RON
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