Romania finance ministry sells 500mn lei of 364-day T-bills

BUCHAREST: Romania's finance ministry sold a planned 500 million lei ($132.00 million) of 364-day treasury bills but rejected all bids at a separate tender to sell 100 million lei of Sept. 2031 bonds on Monday, central bank data showed.

Debt managers last sold the Sept. 2031 paper in February at an average yield of 4.75 percent. They said the treasury-bill issue was oversubscribed, with bids totalling 999 million lei.

So far this year, the finance ministry has sold 7.7 billion lei and 252 million euros of domestic debt, and has tapped 2.0 billion euros from foreign markets in 2028 and 2030 Eurobonds.