Romania sells above target 537 mln lei (110 mln euro) of 2030 T-notes, yield falls - table

The average accepted yield fell to 3.31% from 3.56% 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 4.15%, rose slightly to 597.9 million lei from 566.5 million lei at the previous auction.

The issue will be reopened on Friday when the finance ministry hopes to raise 45 million lei in a non-competitive tender.

Details on the issue follow:

Romania's finance ministry aims to sell domestic debt worth 5.06 billion lei in November, including 555 million lei at non-competitive tenders.

Year-to-date, the ministry has sold some 67 billion lei and 2.3 billion euro ($2.7 billion) worth of government bills and bonds. It has also tapped 6.3 billion euro and $3.3 billion from foreign markets.

(1 euro= 4.8729 lei)