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Romania sells planned 200 mln lei (42 mln euro) of new 2020 T-bills - table

Romania sells planned 200 mln lei (42 mln euro) of new 2020 T-bills - table Finance ministry, Romania

BUCHAREST (Romania), October 17 (SeeNews) - Romania's finance ministry sold on Thursday 200 million lei ($47 million/42 million euro) of a new issue of Treasury bills maturing on October 19, 2020, in line with target, data from the country's central bank showed.

The average accepted yield was 3.13%, while demand totalled 381.4 million lei, the data indicated.

Also on Thursday, the finance ministry sold 150 million lei worth of 2034 T-bonds.

Details on the issue follow:

Auction date October 17
Amount offered (mln lei) 200.0
Amount sold (mln lei) 200.0
Total bids placed (mln lei) 381.4
Bid-to-cover ratio 1.9
Yield (%) 3.13

Since the beginning of 2019, the finance ministry has sold roughly 38.5 billion lei and 507 million euro ($568 million) worth of domestic government securities.

It also tapped foreign markets for 5 billion euro worth of 2026, 2031, 2034 and 2049 Eurobonds.

(1 euro=4.7550 lei)

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