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BUCHAREST: Romania's finance ministry plans to sell 4.4 billion lei ($1.03 billion) worth of leu currency bills and bonds in June, including 525 million lei at non-competitive tenders, it said on Friday.

The ministry said it scheduled eight bond tenders in June, with residual maturities ranging from 1.3 to 12.3 years, as well as one auction for 400 million lei worth of six-month treasury bills. Romania sold domestic debt worth 4.78 billion lei in May.

So far this year, Romania has sold about 17.6 billion lei and 506.7 million euros on the local market.

It also tapped foreign markets in March for 3 billion euros worth of 2026, 2034, and 2049, Eurobonds.

Copyright Reuters, 2019

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