Romania sells more Feb. 2025 debt than planned

BUCHAREST: Romania sold a more than planned 593.8 million lei ($170.1 million) worth of Feb. 2025 treasury bonds on Thursday, with the average accepted yield at 3.93 percent, central bank data showed.

Debt managers, who had planned to sell 500 million lei, last issued the paper last month at an average yield of 4.36 percent.

Earlier this week, the European Union state raised 1.5 billion euros in a 10-year Eurobond issue, pre-financing some of its funding needs for next year.

It tapped foreign markets twice in the first galf.

So far this year, Romania has sold just under 31 billion lei and 930 million euros at domestic debt tenders.