On a monthly basis, our club invites investors and people interested in starting to invest in the stock market for an informal discussions about stocks, bonds and money. For the last several meetings, we met with representatives of listed companies, entrepreneurs and experienced investors too. So far we have covered topics such as:
Today, at the invitation of VMB Partners, we have attended the press conference organized by the Cluj County Council on the occasion of the first ever bond issue to finance projects in health, education, culture and road infrastructure, carried out by the County Council.
The value of the issue is 75,680,000 euros, i.e. 756,800 bonds worth 100 EUR. The principal is to be repaid in 5 annual instalments, with a variable six-month EURIBOR coupon + interest rate ranging from 0.5 to 3.5%.