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Business

Romania sells 300mn lei of Sept. 2031 bonds

BUCHAREST: Romania sold a planned 300 million lei ($73.13 million) worth of Sept. 2031 treasury bonds on Thursday, with

December 06, 2018

BUCHAREST: Romania sold a planned 300 million lei ($73.13 million) worth of Sept. 2031 treasury bonds on Thursday, with the average accepted yield at 5.33 percent, central bank data showed.

Debt managers last issued the paper in November at an average yield of 5.46 percent.

So far this year, Romania has sold roughly 39.9 billion lei and 361 million euros of domestic debt. The finance ministry has also tapped foreign markets for 3.75 billion euros of 2028, 2029, 2030, 2039 Eurobonds and $1.2 billion of 2048 dollar bonds.

Copyright Reuters, 2018