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Romania sells 400 mln lei (84 mln euro) of 2020 T-bills - table

Romania sells 400 mln lei (84 mln euro) of 2020 T-bills - table Romania's finance ministry

BUCHAREST (Romania), 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)

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