May 8 (SeeNews) - Romania's finance ministry sold 401.1 million lei ($89.9 million/81.4 million euro) worth of discount Treasury bills maturing on April 29, 2024, below its 500 million lei target, central bank data showed on Monday.
The average accepted yield in Thursday's auction was 6.4%, while demand for the government securities reached 455 million lei.
Details on the issue follow:
Auction date |
April 29 |
Amount offered (mln lei) |
500.0 |
Amount sold (mln lei) |
401.1 |
Total bids placed (mln lei) |
455.0 |
Bid-to-cover ratio |
1.13 |
Yield (%) |
6.4 |
Romania has sold approximately 43.939 billion lei worth of government securities year-to-date.
(1 euro=4.9256 lei)