Romania sells 746.7mn lei of June 2023 bonds

BUCHAREST: Romania's finance ministry sold a more than planned 746.7 million lei ($175.69 million) worth of June 2023, treasury bonds on Monday, with the average accepted yield at 4.33pc, central bank data showed.

Debt managers, who had planned to sell 500 million lei, last issued the paper in April, at an average yield of 4.33pc.

So far this year, Romania has sold roughly 17.5 billion lei and 506.7 million euros on the local market. It also tapped foreign markets in March for 3 billion euros worth of 2026, 2034, and 2049, Eurobonds.