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The euro is Romania's foreign funding currency of choice and it plans to issue eurobonds worth 2.5-3 billion euros ($2.68-3.22 billion) this year in two transactions, the head of the finance ministry's treasury department said.
The European Union state might also tap a 500 million euros development loan from the World Bank, Stefan Nanu said.
"It is clear the euro suits us best, it offers long maturities, the European Central Bank's quantitative easing policies are still in place at least for this year, which supports fairly low borrowing costs," he told Reuters in an interview.
"We will probably have two (eurobond) transactions, and most likely one would be in the first half."
Nanu said he expected any debt market volatility in response to domestic developments to be short-lived.
On Sunday the government repealed a decree that would have weakened a crackdown on corruption, following the biggest street protests since the fall of Communism in 1989.
Nanu said lower refinancing commitments meant Romania's 2017 gross funding needs had dropped to around 67 billion lei ($15.93 billion) this year from last year's 70 billion lei.
Debt managers will face funding peaks of 8 billion lei and almost 9 billion lei in June and July respectively, as well as a 1.15 billion euros European Commission loan repayment tranche in autumn.
Romania aimed to secure up to 50 billion lei from the domestic market, Nanu said. Issuance could include euro-denominated tenders, "depending on demand and the price-maturity ratio."

Copyright Reuters, 2017

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