Romania finmin rejects bids at tender to sell March 2022 T-bonds

BUCHAREST: Romanian debt managers rejected all bids at a tender to sell March 2022 treasury bonds on Monday, central bank data showed.

Debt managers, who had planned to sell 500 million lei ($125.22 million) worth of the paper, last tendered it successfully in September, at an average yield of 2.71 percent. On Monday, bids totalled 210.2 million lei.

So far this year, debt managers have sold 38 billion lei and 340 million euros of domestic bills and bonds. Romania also tapped foreign markets for 2.75 billion euros of 2027 and 2035 Eurobonds.