March 21 (SeeNews) - Romania's finance ministry sold on Thursday 400 million lei ($96 million/84 million euro) of a new issue of Treasury bills maturing on March 23, 2020, in line with target, data from the country's central bank showed.
The average accepted yield was 3.01%, while demand totalled 734.7 million lei, the data indicated.
Details on the issue follow:
Auction date |
March 21 |
Amount offered (mln lei) |
400.0 |
Amount sold (mln lei) |
400.0 |
Total bids placed (mln lei) |
734.7 |
Bid-to-cover ratio |
1.8 |
Yield (%) |
3.01 |
Since the beginning of 2019, the finance ministry has sold roughly 6.5 billion lei and 83.5 million euro.
(1 euro=4.7558 lei)