Romania sells above target 439 mln lei (90 mln euro) in 2026 treasury bonds - table

The average accepted yield was 7.96%, compared to 9.08% achieved at the previous auction of government securities of the same issue held in July, the data indicated.

Demand for the T-notes, which carry an annual coupon of 3.25%, fell to 599.4 million lei from 957.5 million lei at the previous auction.

The issue will be reopened on Friday, when the finance ministry hopes to raise 60 million lei in a non-competitive tender.

Details on the issue follow:

Romania's finance ministry intends to sell 5.6 billion lei worth of government securities in August, including 585 million lei in non-competitive offers.

So far this year, Romania has sold some 37.5 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 bonds.

(1 euro=4.8756 lei)