Romania finance ministry sells 100mn lei of 2031 bonds

BUCHAREST: Romania sold a planned 100 million lei ($26.36 million) of Sept. 2031 treasury bonds on Monday, with the average accepted yield at 4.75 percent, and 500 million lei in a separate tender for one-year bills, central bank data showed.

Debt managers last sold the Sept. 2031 paper in June at an average yield of 4.12 percent. They said the treasury-bill issue was oversubscribed, with bids totalling 713 million lei.

So far this year, Romania has roughly 5 billion lei worth of domestic debt. Earlier this month, it tapped foreign markets for 2 billion euros worth of 12- and 20-year Eurobonds.