Romania sells 858 mln lei (180 mln euro) in 2024 T-bonds, yield rises - table

The average accepted yield rose to 4.09% from 3.98% achieved at the previous auction of government securities of the same issue held in October, the data indicated.

Demand for the T-notes, which carry an annual coupon of 4.50%, rose to 1.46 billion lei from 739.1 million lei at the October auction.

The issue will be reopened on Tuesday when the finance ministry hopes to raise 75 million lei in a non-competitive tender.

Details on the issue follow:

Romania's finance ministry plans to auction 4.1 billion lei worth of government securities in November, including 510 million lei in non-competitive offers.

Since the beginning of 2019, the finance ministry has sold roughly 43.7 billion lei and 845 million euro worth of domestic government securities.

It also tapped foreign markets for 5 billion euro worth of 2026, 2034 and 2049 Eurobonds.

(1 euro=4.7729 lei)