Bosnia's Federation trade gap widens 4.9% y/y in Jan-Oct
Ljubljana stock indices edge up in lower turnover
Bosnia's Federation retail sales up real 8.8% y/y in Oct
Most Sofia bourse indices end higher, Eurohold paces gainers
Podravka, Adris boost Croatia’s share indices in lower turnover
Nov 27, 2017 17:18 EEST
November 27 (SeeNews) - Romania sold on Monday 255 million lei ($66 million/55 million euro) of Treasury bonds maturing on October 26, 2020, well below target, central bank data showed.
The average accepted yield was 3.45%, while demand totalled 396 million lei.
At the last auction of government securities from the same issue held in October, the ministry rejected all bids.
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:
The ministry has rejected all bids in three auctions of government securities held in November.
Romania's finance ministry plans to auction 2.7 billion lei worth of government securities and to sell an additional 330 million lei in non-competitive offers in November.
The ministry rejected all bids placed in six auctions of government securities last month. The ministry originally planned to raise 2.44 billion lei last month.
At the end of October, the ministry said it had a comfortable funding buffer and a plan to meet the country's financing needs for the rest of the year, despite the failed auctions last month.
So far this year, the ministry has sold some 38 billion lei and 340 million euro worth of government bills and bonds and has tapped foreign markets for 2.75 billion euro of 2027 and 2035 Eurobonds.
The ministry has said it planned to sell some 48-50 billion lei worth of leu-denominated domestic debt this year.
(1 euro=4.6431 lei)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options