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Romania sells 695mn lei of 2021 treasury bonds

BUCHAREST: Romania's finance ministry sold a more than planned 695 million lei ($164.41 million) of October 2021 tre
Published Updated

BUCHAREST: Romania's finance ministry sold a more than planned 695 million lei ($164.41 million) of October 2021 treasury bonds on Monday, with the average accepted yield at 3.8 percent, central bank data showed.

Debt managers, who had planned to sell 500 million lei, last tendered the paper in March at an average yield of 3.80 percent.

So far this year, Romania has sold roughly 12.8 billion lei and 83.5 million euros on the local market. It also tapped foreign markets in March for 3 billion euros worth of 2026, 2034 and 2049 Eurobonds.

Copyright Reuters, 2019

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