BUCHAREST: Romania aims to sell 3.7 billion lei ($1.1 billion) of leu currency bills and bonds in May on the domestic market, finance ministry data showed on Friday.
That compares with 2.5 billion lei worth of bonds sold on the domestic market in April, plus 581 million euros in three-year bonds.
In May, debt managers will sell 5-, 10- and 15-year leu-denominated bonds, as well as one-year treasury bills.
Romanian domestic debt has rallied this year, propelled by rising demand from foreign investors as the country's treasuries were included in two benchmark indices.
So far in 2013, Romania has sold around 21 billion lei in bonds and bills on the domestic market. It also issued over 1 billion euros in euro-denominated paper and tapped the US market in the first quarter.
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