Romania sells 713.3mn lei of Oct. 2020 bonds

BUCHAREST: Romania sold a more than planned 713.3 million lei ($178.83 million) worth of October 2020 treasury bonds on Thursday at an average accepted yield of 3.9 percent, central bank data showed.

Debt managers, who had planned to sell 500 million lei, last tendered the paper in August at an average yield of 3.8 percent.

So far this year, Romania has sold roughly 26.65 billion lei and 361 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.