Romania sells 999mn lei of August 2022 bonds

BUCHAREST: Romania's finance ministry sold a more than planned 999 million lei ($237.53 million) worth of August 2022, treasury bonds on Monday, with the average accepted yield at 3.85pc, central bank data showed.

Debt managers, who had planned to sell 500 million lei, last sold the paper in June at an average yield of 3.95pc.

So far this year, Romania has sold roughly 27.2 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.