Markets

Romania sells planned 1.0bn lei of one-year T-Bills

Published May 5, 2016 Updated May 5, 2016 12:53pm

1 min

By Shoaib Ur Rehman

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BUCHAREST: Romania sold 960.7 million lei ($244.17 million) worth of one-year treasury bills on Thursday, slightly less than planned, with the average accepted yield at 0.7 percent, central bank data showed.

Debt managers, who had planned to sell 1 billion lei on Thursday, last tendered the issue in April at an average yield of 0.66 percent.

So far this year, the ministry has sold roughly 18.8 billion lei and 775 million euros worth of domestic debt, and has tapped 1.25 billion euros from foreign markets.

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