Romania sells 711mn lei of 364-day treasury bills

BUCHAREST: Romania sold a lower than planned 711 million lei ($166.85 million) worth of 364-day treasury bills, at an average accepted yield of 0.84 percent on Thursday, central bank data showed.

Debt managers, who had planned to sell 800 million lei, last sold similar maturity paper in October at an average yield of 0.6 percent. On Thursday, bids totalled 966 million lei.

So far this year, the ministry has sold roughly 42.9 billion lei and 775 million euros of domestic bonds.

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