BUCHAREST: Romanian debt managers aim to sell 2.0 billion lei worth of leu currency bills and bonds in May and issue an additional 180 million lei in non-competitive offers, the finance ministry said on Tuesday.
So far this year, the European Union state has issued 14.4 billion lei worth of domestic debt. It sold an overall 2.7 billion lei last month including non-competitive offers.
In May, the finance ministry has scheduled two tenders for one-year and six months treasury bills worth 400 million lei each, and three tenders for bonds with residual maturities ranging from 2.7 to 4.9 years.
Romania's treasury chief Stefan Nanu said last week debt managers had net issuance plans worth 2 billion euros for this year and that a future eurobond issue will carry a maturity longer than 10 years, while its timing depends on market conditions.
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