Romania sells above target 979.4 mln lei (201 mln euro) of 2028 T-notes, yield falls - table

The average accepted yield fell to 2.88% from 3.04% achieved at the previous auction of government securities of the same issue held in November, the data indicated.

Demand for the T-notes, which carry an annual coupon of 4.15%, rose to 1.229 billion lei from 1.156 billion lei at the previous auction.

The issue will be reopened on Tuesday when the finance ministry hopes to raise 105 million lei in a non-competitive tender.

Details on the issue follow:

Romania's finance ministry aims to sell domestic debt worth 5 billion lei in December, including 585 million lei at non-competitive tenders.

Year-to-date, the finance ministry has sold some 72.6 billion lei and 2.3 billion euro ($2.7 billion) worth of domestic bills and bonds. It has also sold 8.8 billion euro and $3.3 billion from worth of debt paper on international markets.

(1 euro=4.8663 lei)