Romania aims to sell domestic debt worth 3.3bn lei in May

BUCHAREST: Romania aims to sell 3.3 billion lei ($838.39 million) worth of leu currency bills and bonds in May and an additional 345 million lei in non-competitive offers, the finance ministry said on Thursday.

Debt managers issued debt worth 3.86 billion lei in April.

In May, they have scheduled one tender worth 1 billion lei for one-year treasury bills, and six bond auctions with outstanding maturities ranging between one and seven years.

So far this year, the ministry has sold 17.82 billion lei and 775 million euros worth of domestic debt, and has tapped 1.25 billion euros from foreign markets.