BUCHAREST (Romania), August 1 (SeeNews) - Romania on Monday sold 1.285 billion lei ($268 million/261 million euro) worth of Treasury bonds maturing in 2025 and 2034, central bank data showed.
The finance ministry sold a more than planned 535.6 million lei worth of Treasury bonds maturing on February 24 2025, central bank data showed.
The average accepted yield was 8.17%. The issue will be reopened on Tuesday, when the finance ministry hopes to raise 60 million lei in a non-competitive tender.
Also on Monday, Romania sold 749.6 million lei worth of Treasury bonds maturing on October 11 2034, above target.
The average accepted yield was 8.19%. The issue will be reopened on Tuesday, when the finance ministry hopes to raise 75 million lei in a non-competitive tender.
Details on the issue follow:
||February 24 2025
||October 11 2034
|Amount offered (mln lei)
|Amount sold (mln lei)
|Total bids placed (mln lei)
Romania's finance ministry intends to sell 5.6 billion lei worth of government securities in August, including 585 million lei in non-competitive offers.
So far this year, Romania has sold some 27.6 billion lei worth of bonds and has tapped international markets for 2.5 billion euro ($2.63 billion) worth of 2028 and 2034 Eurobonds, as well as $3.85 billion worth of dollar bonds.
(1 euro=4.9287 lei)