Markets

Romania sells less Sept. 2031 bonds than planned

BUCHAREST: Romania sold 97.9 million lei ($22.94 million) of Sept. 2031 treasury bonds on Monday, less than pl
Published April 3, 2017 Updated April 3, 2017 08:05pm

 

Debt managers, who had aimed to sell 200 million lei, last issued the bond in October at an average yield of 3.63 percent. They rejected all bids at a tender in November.

So far this year, Romania has sold a little over 10 billion lei and 240 million euros worth of domestic bills and bonds.

 

Copyright Reuters, 2017