Business & Finance

Romania sells April 2024 treasury bonds at 3.13pc yield

BUCHAREST: Romania sold a lower than planned 154 million lei ($36.
Published November 17, 2016 Updated November 17, 2016 02:02pm

BUCHAREST: Romania sold a lower than planned 154 million lei ($36.56 million) worth of April 2024 treasury bonds on Monday, at an average accepted yield of 3.13 percent, central bank data showed.

Debt managers, who had planned to sell 300 million lei, last sold the paper in October at an average yield of 2.86 percent.

On Thursday, bids totalled 239 million lei. So far this year, the ministry has sold roughly 42.7 billion lei and 775 million euros of domestic bonds.

Copyright Reuters, 2016