Romania rejects all bids at tender to sell 2023 T-bonds

BUCHAREST: Romania's finance ministry rejected all bids at a tender to sell 400 million lei ($107.02 million) worth of June 2023 treasury bonds on Thursday, central bank data showed.

It said the issue of undersubscribed, with bids totalling 277.4 million lei.

So far this year, the finance ministry has sold roughly 5.1 billion lei worth of domestic debt and has tapped 2.0 billion euros from foreign markets in 2028 and 2030 Eurobonds.