April 16 (SeeNews) - Romania on Monday rejected all bids in a 600 million lei ($160 million/129 million euro) auction of Treasury bills due on April 17, 2019, central bank data showed.
Demand in the auction amounted to 624.8 million lei.
Also on Monday, in a separate tender, the ministry rejected all bids in a 200 million lei auction of Treasury notes due on October 18, 2028, central bank data showed.
Details on the issue follow:
Auction date |
April 16 |
Amount offered (mln lei) |
600.0 |
Amount sold (mln lei) |
0 |
Total bids placed (mln lei) |
624.8 |
Bid-to-cover ratio |
1.04 |
Yield (%) |
- |
Romania's finance ministry plans to auction 3.82 billion lei worth of government securities, including 420 million lei in non-competitive offers in April.
Since the beginning of 2018, the finance ministry has sold roughly 11 billion lei and 252 million euro worth of domestic debt and has raised 2 billion euro on international markets from the sale of 2028 and 2030 Eurobonds.
(1 euro=4.6507 lei)