Romania to sell 4.5-5 billion euros in Eurobonds

Romania plans to sell 4.5-5.0 billion euros of eurobonds on the international markets and an indicative 48-50 billion lei of domestic debt next year, the finance ministry said on Saturday. The external borrowings level would depend "on the developments, conditions and opportunities offered by these markets," it said.
If conditions were favourable, the ministry would consider pre-financing of the 2019 needs by "taking into account also the objective of maintaining a financial buffer for the State Treasury representing the equivalent of about four months of gross funding." In the first quarter, the ministry aims to sell an indicative volume of 12-14 billion lei of domestic government securities issues to be launched on the interbank market.