Romania aims to sell debt worth 2.13bn lei in February

BUCHAREST: Romania's finance ministry plans to sell 2.13 billion lei ($512.54 million) worth of leu currency bills and bonds in February, including 225 million lei at non-competitive rounds of auctions, it said on Monday.

The ministry said it has scheduled six bond tenders in February, with residual maturities ranging from 2.7 to 12.6 years, as well as one auction for 400 million lei worth of one-year treasury bills.

Romania sold about 1.58 billion lei and 83.5 million euros of domestic debt in January. It sold less debt than planned and even rejected all bids at several tender, as the market struggled to digest a newly introduced tax on banks' financial assets.