Romania rejects bids at Sept. 2031 treasury bonds tender

BUCHAREST: Romania's finance ministry rejected all bids at a tender to sell 200 million lei ($48.50 million) worth of Sept. 2031 treasury bonds, central bank data showed on Thursday.

It said the issue was undersubscribed and bids totalled 150.6 million lei. Debt managers sold half of the planned amount at a similar tender in October, at an average accepted yield of 3.63 percent.

So far this year, the ministry has sold 42.5 billion lei and 775 million euros of domestic bonds.