SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Romania sells 530 mln lei (110 mln euro) of 2025, 2034 T-bonds - table

Sep 5, 2022, 5:39:34 PMArticle by Nicoleta Banila
share
September 5 (SeeNews) - Romania on Monday sold a total 530 million lei ($109 million/110 million euro) worth of Treasury bonds maturing in 2025 and 2034, central bank data showed.

Romania sells 530 mln lei (110 mln euro) of 2025, 2034 T-bonds - table
Romania's finance ministry

The finance ministry sold a less than planned 230 million lei worth of Treasury bonds maturing on February 24 2025, central bank data showed.

The average accepted yield was 7.82%. The issue will be reopened on Tuesday, when the finance ministry hopes to raise 45 million lei in a non-competitive tender.

Also on Monday, Romania sold a planned 300 million lei worth of Treasury bonds maturing on October 11 2034, above target.

The average accepted yield was 8.02%. The issue will too be reopened on Tuesday, when the finance ministry hopes to raise 45 million lei in a non-competitive tender.

Details on the issue follow:

Maturity February 24 2025 October 11 2034
Amount offered (mln lei) 300.0 300.0
Amount sold (mln lei) 300.0 230.0
Total bids placed (mln lei) 238.0 434.0
Bid-to-cover ratio 1.2 1.45
Yield (%) 7.82 8.02

Romania's finance ministry said that it intends to sell 4.63 billion lei worth of government securities in September, including 525 million lei in non-competitive offers.

So far this year, Romania has sold some 43.6 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-denominated bonds.

(1 euro=4.8215 lei)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.