Romania sells 520.4mn lei of Feb. 2020 T-Bonds

09 May, 2016

BUCHAREST: Romania sold a slightly more than planned 520.4 million lei ($132.14 million) worth of Feb. 2020 treasury bonds on Monday, with the average accepted yield at 2.26 percent, central bank data showed.

Debt managers, who had planned to sell 500 million lei of the paper, last tendered the issue in April at an average yield of 2.17 percent.

So far this year, the ministry has sold roughly 19.3 billion lei and 775 million euros worth of domestic debt, and has tapped 1.25 billion euros from foreign markets.

Copyright Reuters, 2016

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