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Romania sells less than planned 298mn lei of Oct. 2021 bonds

Romania sells less than planned 298mn lei of Oct. 2021 bondsBUCHAREST: Romania’s finance ministry sold a less than planned 298 million lei ($75.09 million) worth of Oct. 2021 treasury bonds on Monday, at an average accepted yield at 4.67 percent, central bank data showed.

Debt managers last tendered the paper in June at an average yield of 4.58 percent.

So far this year, Romania has sold roughly 20.8 billion lei and 252 million euros of domestic debt. They have also tapped foreign markets for 2.0 billion euros of 2028 and 2030 Eurobonds, as well as $1.2 billion of 2048 dollar bonds.

Copyright Reuters, 2018
 

Source: Brecorder

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