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Moldova sells 3-yr T-notes below target

Dec 17, 2014, 4:13:17 PMArticle by Doinita Dolapchieva
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December 17 (SeeNews) - Moldova's central bank, BNM, said on Wednesday it sold 301,000 lei ($19,350/15,500 euro) in three-year Treasury notes, much below its 12 million lei target.

Moldova sells 3-yr T-notes below target

Primary dealers placed bids for 301,000 lei worth of T-notes in the auction, the central bank, which auctions government securities on behalf of the finance ministry, said in a statement.

The annual yield of the bonds is 9.20%. The government securities will mature on December 19, 2017.

(1 euro = 19.3971 Moldovan lei)

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