February 20 (SeeNews) - Romania sold on Thursday a more than planned 427.5 million lei ($96.5 million/89.4 million euro) worth of new Treasury bills maturing on February 22 2021, central bank data showed.
The average accepted yield was 2.95%, while demand totalled 590.6 million lei, the data indicated.
Also on Thursday, the finance ministry sold a more than planned 738.5 million lei worth of two-year Treasury bonds at an average yield of 3.37%.
Details on the issue follow:
Auction date |
February 20 |
Amount offered (mln lei) |
300.0 |
Amount sold (mln lei) |
427.5 |
Total bids placed (mln lei) |
590.6 |
Bid-to-cover ratio |
1.97 |
Yield (%) |
2.95 |
The finance ministry intends to sell 5 billion lei worth of government securities in February, including 615 million lei in non-competitive offers.
So far this year, Romania has sold almost 12 billion lei of debt and tapped foreign markets for 3 billion euro ($3.3 billion) worth of 2032 and 2050 Eurobonds.
(1 euro=4.7834 lei)