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Romania sells 214 mln lei (45 mln euro) in 2031 T-bonds - table

Romania sells 214 mln lei (45 mln euro) in 2031 T-bonds - table

BUCHAREST (Romania), March 25 (SeeNews) - Romania sold on Monday 214 million lei ($51 million/45 million euro) worth of Treasury bonds maturing on September 24, 2031, slightly above initial target, central bank data showed.

The average accepted yield was 5.15%, while demand stood at 545.5 million lei, the data indicated.

At the previous issue of the same bonds, the finance ministry rejected all bids.

The issue will be reopened on Tuesday when the finance ministry hopes to raise 30 million lei in a non-competitive tender.

Details on the issue follow:

Auction date March 25 February 28
Amount offered (mln lei) 200.0 200.0
Amount sold (mln lei) 214.0 -
Total bids placed (mln lei) 545.5 290.3
Bid-to-cover ratio 2.5 1.2
Yield (%) 5.15 -

So far this year, Romania has sold roughly 6.7 billion lei
and 83.5 million euro ($94.6 million).

(1 euro=4.7538 lei)

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